EURUSD Forecast Week of 18-22 September

[mlawson71]

The pair is consolidating sideways and the move south will probably continue despite the double bottom.

[mlawson71]

The move north began after all, next target may even be at 1.0900.

[mlawson71]

It rallied to 1.1080 and it may even break out above 1.1100 next week.

[mlawson71]

The pair continues forming the correction and I think it may even rally above 1.1200 next week.

[mlawson71]

The market will open again soon, let's see how the pair will develop.

[mlawson71]

The pair dropped to 1.0940, I think it may rebound from that support soon.

[mlawson71]

It remains bearish and it may depreciate back below 1.0900 again, unfortunately.

[mlawson71]

The pair is below 1.0800 now and it remains bearish. Soon we may see another breakout below 1.0700.

[mlawson71]

Let's see how the pair will develop next week. This week it closed in the middle of a correction.

[mlawson71]

The pair is back at 1.0900 after forming a double bottom. I think for now the move north may continue after all.

[mlawson71]

The sideways consolidation continues developing for now, let's see whether it will break out above 1.0900.

[mlawson71]

The pair is back to 1.0950, let's see whether it will develop above that resistance next week.

[mlawson71]

The pair closed below 1.0950 but next week the correction is very likely to continue.

[mlawson71]

The pair is still developing to the upside but once the correction is over we may see a new move south.

[mlawson71]

The pair dropped today but the correction is not over yet, next target may be at 1.1000.

[mlawson71]

The pair is quite flat in its development currently, I doubt we will see a big change by the time the market closes.

[mlawson71]

Let's see how the pair will develop next week.

[mlawson71]

EUR/USD continued consolidating sideways and there likely won't be a breakout before the end of the week.

[mlawson71]

The pair is dropping after all. We may see it reach 1.0750 this week.

[mlawson71]

The pair rebounded from 1.0725 and broke out above 1.0800 again, next week the correction will likely continue.

[mlawson71]

The pair rallied before the market closed yesterday. Next week it may break out above 1.0850.

[mlawson71]

The market will reopen again soon, let's see how it will develop.

[mlawson71]

EUR/USD remains bullish for now, the pair may rally toward 1.0900.

[mlawson71]

EUR/USD continues developing north, soon it may break out above 1.0900, I think.

[mlawson71]

The pair remains undecided, I think it may remain this way until the end of the trading week.

[mlawson71]

The pair rallied before the market closed but it also formed a shooting star candlestick at 1.1020, so next week there may be a move south after all.

[mlawson71]

The market will open again soon, let's see whether the move north is over indeed.

[mlawson71]

EUR/USD remains bearish and I think it may likely continue dropping toward 1.0800.

[mlawson71]

EUR/USD is remained bearish and dropped to 1.0800, I think the move south will probably continue.

[mlawson71]

The pair remains very undecided for now but the move south may continue next week.

[mlawson71]

The market will reopen soon, the move south will likely continue developing.

[mlawson71]

EUR/USD continues developing between 1.0790 and 1.0870 and that is a pretty wide range. For now there is no proper signal for a breakout.

[mlawson71]

The pair is still consolidating sideways by the looks of it and I think there won't be a breakout by the end of the week.

[mlawson71]

It is testing the support at 1.0790 as part of the sideways consolidation but a breakout seems quite unlikely today.

[mlawson71]

The sideways consolidation continued developing as I thought it would, there won't be a breakout this week. The pair may drop back down to 1.0800 - 1.0790.

[mlawson71]

Let's see how the pair will develop next week.

[mlawson71]

The market will reopen in a few hours and I think next target will be around 1.0850, since the range is not over yet.

[mlawson71]

The pair is rallying back toward 1.0880, but I don't think there is a signal for a breakout for now.

[mlawson71]

The sideways consolidation is finally over. The pair rallied to 1.0970, let's see how it will develop for the next few days.

[mlawson71]

The pair briefly dropped but the move north for now continues, it may form a double top at 1.0975.