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EURUSD down next week

bigbos6969 Posted 25 Feb. as Analysis on EUR/USD, Target: 1.2100, Date: 2nd of April, 12:00 GMT  in #Technical analysis #EUR/USD
EUR/USD is forming a potential head & shoulders base pattern and hence a break above the neckline at 1.2343 will open a bounce to 1.2370-1.2400. Below 1.2180 to open 1.2100,.....................
EUR/USD is forming a potential head & shoulders base pattern and hence a break above the neckline at 1.2343 will open a bounce to 1.2370-1.2400. Below 1.2280 to open 1.2248EUR/USD is forming a potential head & shoulders base pattern and hence a break above the neckline at 1.2343 will open a bounce to 1.2…
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GBPUSD

bigbos6969 Posted 29 Feb.  in #Trader's blog
The mentioned 20 SMA, around 1.3920 is the immediate resistance, with some follow through beyond it supporting an upward corrective movement towards 1.3960 first, and 1.4000 later. Selling interest around this last however, should contain the upside.
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EURusd

bigbos6969 Posted 26 Feb.  in #Trader's blog
Consumer spending, which is a main driver of the economic growth, was revised lower. The sharp upward revision of the GDP was mainly due to change in the way unsold goods are valued. In inflation-adjusted terms, the inventory accumulation was more than previously estimated as underlying price data were revised up. I think eur go down 1.850
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