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Author Topic: EUR/USD  (Read 155178 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #750 on: April 19, 2021, 12:03:36 PM »
It rallied to 1.2040. There is a resistance around 1.2050, I think, let's see whether it will rally past that level.

Offline fxopen78

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Re: EUR/USD
« Reply #751 on: April 19, 2021, 10:54:15 PM »
What happens on Monday market? on morning days this pair occurs gap down, but then price move to recover gap and formed long body candle, its mean strong bulls, it's like not a usual market condition in Monday that usually moves in narrow movement.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #752 on: April 20, 2021, 01:05:27 PM »
It rallied to 1.2050. By the looks of it, it's still quite bullish and the move north will likely continue.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #753 on: April 21, 2021, 11:17:44 AM »
The pair formed a spinning top at 1.2080 and bounced off from that level. I think it may drop below 1.2000 again.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #754 on: April 22, 2021, 02:09:15 PM »
It formed another spinning top at 1.2050, I think the move north may be ending indeed.

Offline fxopen78

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Re: EUR/USD
« Reply #755 on: April 22, 2021, 11:35:13 PM »
Although the Moving average still shows an uptrend, the price seems in the consolidation phase, they move on the previous day's range. Friday market sometimes high volatility but involved higher risk volatility

Offline Eliza Abrams

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Re: EUR/USD
« Reply #756 on: April 23, 2021, 02:18:02 PM »
The two pinbars on the daily time-frame looked like a reversal signal to me, but clearly I was wrong. The pair is still bullish.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #757 on: April 24, 2021, 12:11:55 PM »
It rallied to 1.2100. Next week it may continue rallying, I think.

Offline fxopen78

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Re: EUR/USD
« Reply #758 on: April 25, 2021, 11:34:43 PM »
We get lesson if not always Pin bar will giving the high accurate signal, its necessary to keep stop loss based rules, above or below the wick, Friday market is wild, involving risk, some trader might like to stay away

Offline Eliza Abrams

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Re: EUR/USD
« Reply #759 on: April 26, 2021, 01:45:07 PM »
Indeed. Most of the time they are pretty accurate, but when they are not it's painful. :(

Offline Eliza Abrams

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Re: EUR/USD
« Reply #760 on: April 27, 2021, 12:51:02 PM »
It's consolidating around 1.2080 today. Do you think it will rally above 1.2100 this week?
« Last Edit: April 27, 2021, 12:55:17 PM by Eliza Abrams »

Offline Eliza Abrams

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Re: EUR/USD
« Reply #761 on: April 28, 2021, 11:57:55 AM »
Consolidation continues today. I've closed my longs for now, if it breaks out above 1.2100, I may open new ones.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #762 on: April 29, 2021, 12:36:22 PM »
The move north continues, it broke out above 1.2100 again. I think next target will be around 1.2150.

Offline fxopen78

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Re: EUR/USD
« Reply #763 on: April 29, 2021, 03:41:31 PM »
Seems EURUSD on a bullish trend, but if compared to EURJPY, the movement still strongest on EURJPY
Sometimes I use both pair to hedge pair correlation, so far included as low-risk strategy

Offline Eliza Abrams

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Re: EUR/USD
« Reply #764 on: April 30, 2021, 02:52:17 PM »
It bounced off from 1.2150 as I suspected it would. Next target seems to be around 1.2050.

 

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