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Author Topic: EUR/USD  (Read 148002 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #645 on: January 15, 2021, 04:10:10 PM »
It dropped below 1.2100. I think the correction has begun and next target will be around 1.1930. Note that there are a pair of impressive shooting star candlesticks on the weekly time-frame below the high at 1.2350.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #646 on: January 16, 2021, 04:23:45 PM »
It closed at 1.2080. Next week we will probably see a further move to the downside.

Offline drunkfx

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Re: EUR/USD
« Reply #647 on: January 18, 2021, 07:35:52 AM »
I think bearish USD trend will continue in 2021 because major supply-demand factors like Fed policy, attitude toward risks assets are expected to remain the same as in 3Q-4Q of 2020. We have to see hawkish Fed to start talking about USD upside.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #648 on: January 18, 2021, 03:46:11 PM »
It does look pretty bearish still. Let's see whether it will drop to 1.2000 soon.

Offline fxopen78

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Re: EUR/USD
« Reply #649 on: January 18, 2021, 09:10:23 PM »
I think should pay attention with USD which might political situation in the US possible occur civil war because Trump's supporter protest Biden as president, its reported many guns shop sold out the guns and amunition, let see later give impact or not

Offline Eliza Abrams

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Re: EUR/USD
« Reply #650 on: January 19, 2021, 04:19:04 PM »
Surprisingly, it formed a pinbar at 1.2070 and it's bouncing off from that level. I doubt that is the end of the move to the south but first we may see some range.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #651 on: January 20, 2021, 05:33:53 PM »
It's consolidating around 1.2100. I suppose we won't see much development until after the inauguration.

Offline fxopen78

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Re: EUR/USD
« Reply #652 on: January 20, 2021, 10:54:50 PM »
Yes seems consolidation time, it's possible to move reversal again

Offline Eliza Abrams

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Re: EUR/USD
« Reply #653 on: January 21, 2021, 03:28:48 PM »
It's climbing at the moment but that is likely part of the correction.

Offline fxopen78

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Re: EUR/USD
« Reply #654 on: January 22, 2021, 12:15:38 AM »
The price already crossing moving average from bottom to up
its indicate a bullish trend confirmed based MA line

Offline Eliza Abrams

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Re: EUR/USD
« Reply #655 on: January 22, 2021, 04:22:32 PM »
It may rally back to the old high at 1.2350, but it is not certain yet the pair will break out above that level.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #656 on: January 25, 2021, 03:38:43 PM »
As I though, the correction continues, the pair bounced off from 1.2190.

Offline fxopen78

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Re: EUR/USD
« Reply #657 on: January 25, 2021, 10:56:23 PM »
The price eventually down on the early week,
I think the price will move on the range today as my target on the previous high 1.21826

Offline Eliza Abrams

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Re: EUR/USD
« Reply #658 on: January 26, 2021, 04:55:33 PM »
It's consolidating around 1.2140. It's very undecided, I am unsure where the target even is at the moment.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #659 on: January 27, 2021, 04:44:28 PM »
It looks like it's forming a double bottom at 1.2065. If it is there may be a new move north.

 

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