Re: EUR/USD
791It briefly broke out above 1.1150 but now it's back below that level, whether there will be a true breakout remains to be seen.
Re: EUR/USD
792The move north continues apparently. It broke out above 1.1150 and I think we will see it reach 1.1200.
Re: EUR/USD
793I absolutely cannot stand consolidations like this.
Well, at least there was a shooting star candlestick at 1.1170 on the daily time-frame before the new move south began.
Well, at least there was a shooting star candlestick at 1.1170 on the daily time-frame before the new move south began.
Re: EUR/USD
794The market closed while the pair was still testing the support at 1.1090, next week it may continue depreciating.
Re: EUR/USD
795EUR/USD is still testing the support at 1.1090 - 1.1080 but I think it will keep depreciating later this week.
Re: EUR/USD
796It found some support at 1.1075 but it's unclear for now whether it will bounce off from it.
Re: EUR/USD
797The pair has formed a hammer candlestick at the support at 1.1075 - 1.1080. It is quite likely that it will, indeed, bounce off from it.
Re: EUR/USD
798EUR/USD also formed an inverted hammer at 1.1080, so even if the move north does not begin this week there will most likely be one next week.
Re: EUR/USD
799It could not break out below 1.1000 this week but considering how bearish the pair is that may still happen once the market opens on Monday.
