mlawson71 Posted November 26, 2019 Posted November 26, 2019 It continues consolidating around 1.1010 and it appears very undecided for the moment.
mlawson71 Posted November 27, 2019 Posted November 27, 2019 It's finally at 1.1000 and by the looks of it the pair will depreciate below that support soon. If it does next target is likely at 1.0970.
mlawson71 Posted November 29, 2019 Posted November 29, 2019 It finally broke out below 1.1000 and it continues depreciating. I think we will soon see it reach 1.1070 and below.
mlawson71 Posted December 1, 2019 Posted December 1, 2019 EUR/USD rebounded from 1.0980 when the market closed last week, let's see whether the sideways consolidation continues this week.
mlawson71 Posted December 2, 2019 Posted December 2, 2019 It's consolidating around 1.1000 still. With the winter holidays approaching this consolidation may not end soon.
mlawson71 Posted December 3, 2019 Posted December 3, 2019 It's back to 1.1070 and there is a clear consolidation channel forming between 1.1000 and 1.1080 which may last until after the holidays.
mlawson71 Posted December 4, 2019 Posted December 4, 2019 EUR/USD formed a spinning top at 1.1075 on the daily time-frame and bounced off from that resistance. Naturally, the sideways consolidation continues.
mlawson71 Posted December 5, 2019 Posted December 5, 2019 It's testing 1.1090 for now but it has also formed a pair of spinning tops around that level so whether it will rally above that resistance is unclear.
mlawson71 Posted December 6, 2019 Posted December 6, 2019 It reached 1.1100 after all but is yet to break out above the last high at 1.1115. If it does we may see EUR/USD rallying to 1.1150 again.
mlawson71 Posted December 7, 2019 Posted December 7, 2019 It pulled back to the resistance and closed at 1.1060, next week it will likely continue falling.
mlawson71 Posted December 9, 2019 Posted December 9, 2019 It's stubbornly consolidating around 1.1070 and since the winter holidays are coming closer and closer I assume we won't see big changes before they end.
mlawson71 Posted December 10, 2019 Posted December 10, 2019 The pair remains very undecided, I think we will see it rally to 1.1100 again at best.
mlawson71 Posted December 11, 2019 Posted December 11, 2019 EUR/USD market volatility is winding down more and more ahead of the holidays, I think we won't see a new big movement in either direction in the next few days.
mlawson71 Posted December 12, 2019 Posted December 12, 2019 It's consolidating around 1.1130, I think we may see it reach 1.1150 and above by the end of the week.
mlawson71 Posted December 13, 2019 Posted December 13, 2019 EUR/USD did decide to rally above the consolidation before the end of the holidays after all, the pair rallied to 1.1200 today and remains quite bullish. Let's see whether it will break out above 1.1200 before the market closes today.
mlawson71 Posted December 14, 2019 Posted December 14, 2019 EUR/USD bounced off from 1.1200 last night and dropped back to 1.1115. Next week we may see it depreciate below 1.1100 after all.
mlawson71 Posted December 16, 2019 Posted December 16, 2019 EUR/USD continues moving north, let's see, however, whether it will break out above 1.1200.
mlawson71 Posted December 17, 2019 Posted December 17, 2019 EUR/USD remains bullish but is yet to break out above 1.1200, which will likely happen this week.
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