eur/usd EUR/USD

[mlawson71]

It is quite bullish. I expected a move south, but I was clearly wrong. Next target is around 1.1050, I think.

[mlawson71]

The pair has almost reached 1.1100. It may even break out above that level before the market closes tomorrow.

[mlawson71]

I think next week we will see a new move north, likely toward 1.1100.

[mlawson71]

Let's see how it will develop next week.

[mlawson71]

I think we may see a further move north in the coming days.

[mlawson71]

It is pretty undecided at the moment, which is normal for a Monday market. Later this week we should see more volatility, I think.

[mlawson71]

It's still consolidating sideways but we may see a move north toward 1.1050, I think.

[mlawson71]

It formed a double bottom at 1.0965. I think there may be a new move north soon.

[mlawson71]

It's quite undecided and I think it is unlikely that will change by the end of the week.

[mlawson71]

As I thought, the pair remains undecided today. Hopefully next week the consolidation will end.

[mlawson71]

Let's see how it will develop, I don't think I'd open another position before a proper breakout.

[mlawson71]

I think it's possible the breakout will be to the downside.

[mlawson71]

Consolidation continues today as well. I am sitting this one out for the moment.

[mlawson71]

I think we may yet seen a breakout above 1.1100 this week. It's testing 1.1080 now.

[mlawson71]

It broke out above 1.1100, and it remains quite bullish. We may see it reach 1.1200 too, I think.

[mlawson71]

It fell back to 1.1100. The move north will likely continue next week, I believe.

[mlawson71]

I decided to open a short position, I think it may depreciate back to 1.1000 by the looks of it.

[mlawson71]

It closed at 1.1050, I think next week we may see it depreciating to 1.1000 again.

[mlawson71]

Let's see how it will develop next week.

[mlawson71]

The pair remains quite beairsh today. I think it will depreciate back to 1.0950 - 1.0940.