It bounced off from 1.1950. We will likely see a further move north as a part of the correction and then another drop.
Our Supporting Monitors
Advertisements
Friendly Forums
Our Partner Monitors
Traffic stats
539 replies to this topic
#522
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 06 February 2021 - 05:04 PM
The market will likely continue the EUR/USD correction next week.
#523
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 07 February 2021 - 05:02 PM
The market should reopen soon, I doubt we will see any big changes, the correction will likely continue.
#524
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 08 February 2021 - 05:56 PM
The pair is consolidating sideways, which is pretty normal for a Monday.
#525
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 09 February 2021 - 05:45 PM
The pair continued moving north today. That is likely part of the correction, next target is around 1.2185 - 1.2200.
#526
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 10 February 2021 - 06:13 PM
It reached 1.2130, next target is likely at 1.2200.
#527
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 11 February 2021 - 04:53 PM
It is still consolidating around 1.2130, we will have to wait and see whether it will reach 1.2200 by the end of the week.
#528
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 12 February 2021 - 05:52 PM
It looks like we won't see a breakout above 1.2200 this week. The pair remains completely undecided.
#529
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 13 February 2021 - 06:41 PM
It closed at 1.2120 and it remained undecided. Hopefully next week the consolidation will end.
#530
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 14 February 2021 - 03:55 PM
The correction should continue this week, even if we see a move north.
#531
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 15 February 2021 - 10:10 AM
The pair is slowly moving north still. It will likely reach 1.2200 this week.
#532
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 16 February 2021 - 03:39 PM
The pair remains very undecided today too, on the daily time frame it is forming what they call a barbed wire. There is no direction.
#533
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 17 February 2021 - 04:59 PM
Correction continues indeed, next target is likely at 1.1980, I think.
#534
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 18 February 2021 - 04:34 PM
It bounced off from 1.2020. One can never be too certain in the direction during a correction.
#535
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 20 February 2021 - 04:31 PM
It closed at 1.2115. Next target is likely at 1.2150.
#536
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 21 February 2021 - 05:45 PM
Let's see whether next week the consolidation will finally end.
#537
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 22 February 2021 - 04:49 PM
It's back at 1.2150, I think this week we may see it rallying to 1.2200.
#538
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 23 February 2021 - 05:21 PM
It found some resistance at 1.2180. The consolidation clearly continues this week as well.
#539
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted 24 February 2021 - 04:53 PM
It is depreciating back to 1.2100, I think. The pair is stuck in a range for now.
#540
mlawson71
-
- Member
-
- 1053 Posts:
Senior Member
Posted Yesterday, 16:46
It bounced off from 1.2240, so much about a further rally. That said, the correction clearly continues developing.
