collapse

Author Topic: EUR/USD  (Read 148151 times)

Offline fxopen78

  • Full Member
  • ***
  • Posts: 316
Re: EUR/USD
« Reply #660 on: January 27, 2021, 10:22:38 PM »
Bears formed yesterday, but appear long wick near to half-body candle,
maybe will rebound

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #661 on: January 28, 2021, 04:14:37 PM »
Perhaps. Right now it's consolidating sideways. It has formed that double bottom, but for now there is no move north.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 316
Re: EUR/USD
« Reply #662 on: January 29, 2021, 12:11:04 AM »
Eventually, rebound, but the movement still in the previous day range, it can be said the candle as engulfing, Friday market sometime being random and not easy, the reason is many trader close positions before the market closed

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #663 on: January 29, 2021, 04:58:52 PM »
The consolidation is still on. I think the nearest target is 1.2170.

Offline drunkfx

  • Sr. Member
  • ****
  • Posts: 965
Re: EUR/USD
« Reply #664 on: January 30, 2021, 04:09:57 AM »
If stock market correction continues next week (very likely) then I think USD index will be able to break through 91 level. US currency benefits from anxiety in equity markets.

Offline Libson

  • Jr. Member
  • **
  • Posts: 11
Re: EUR/USD
« Reply #665 on: February 01, 2021, 02:28:40 PM »
Any idea on what level the EURUSD currency is ranging it? Because the last time I checked it appear as a long wick near to half-body candle.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #666 on: February 01, 2021, 03:40:54 PM »
It's testing 1.2065 yet again. Hopefully it will finally break out below that level.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 316
Re: EUR/USD
« Reply #667 on: February 01, 2021, 11:48:21 PM »
Price on the bottom price now, will possible to rebound
but yesterday moves are big volume if continue will leading to decline

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #668 on: February 02, 2021, 04:03:33 PM »
The move south finally continued. It broke out below 1.2065 and it remains bearish. I think the next target is around 1.2000 - 1.1970.
« Last Edit: February 02, 2021, 04:12:48 PM by Eliza Abrams »

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #669 on: February 03, 2021, 04:20:50 PM »
It has almost reached 1.2000 and it remains bearish, the move south will likely continue.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 316
Re: EUR/USD
« Reply #670 on: February 03, 2021, 11:02:16 PM »
Decline EURUSD seems already in a small volume, the downtrend in weak movement-based daily formation candle, but price still below Mc Ginley line, as downtrend market, maybe will push to rise today

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #671 on: February 04, 2021, 04:25:35 PM »
It dropped to 1.1970 as I thought it would. The pair is still quite bearish so we may see it break out below that level too.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #672 on: February 05, 2021, 03:16:22 PM »
It bounced off from 1.1950. We will likely see a further move north as a part of the correction and then another drop.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 316
Re: EUR/USD
« Reply #673 on: February 08, 2021, 12:07:28 AM »
Bulls market might already in control, H4 figure out the pattern strong bulls
price crosses Mc Ginley Indicator as sign reversal, let see what happens later.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1767
Re: EUR/USD
« Reply #674 on: February 08, 2021, 04:55:51 PM »
All I see here is a tight sideways consolidation.

 

browse forum

* Recent Posts

ORDequity PAMM-COPY : 50% MONTHLY Gain, only 8% DD : REVERSAL TRADING ALGORHYTM by bismillahwd
[Today at 12:27:39 AM]


Re: difference between demo and real account by fxopen78
[Yesterday at 11:17:44 PM]


Re: Which broker best to trade news? by Jacob
[Yesterday at 04:43:14 PM]


Re: difference between demo and real account by Jacob
[Yesterday at 04:39:36 PM]


Re: Some signals on SignalStart i am following by rsmereka
[Yesterday at 02:31:30 PM]


Re: EUR/USD by Eliza Abrams
[Yesterday at 01:05:27 PM]


Re: Some signals on SignalStart i am following by diyforexskills
[Yesterday at 05:59:12 AM]


Re: EUR/USD by fxopen78
[April 19, 2021, 10:54:15 PM]


Re: EURAUD by Carlos55
[April 19, 2021, 05:28:31 PM]


Re: How long does it take to learn Forex trading? by Carlos55
[April 19, 2021, 02:16:58 PM]