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Author Topic: EUR/USD  (Read 181866 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #885 on: July 29, 2021, 12:51:33 PM »
It broke out above 1.1800. I think it will rally to at least 1.1900 this week.

Online fxopen78

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Re: EUR/USD
« Reply #886 on: July 30, 2021, 12:48:44 AM »
Yes, the price move uptrend very strong, it possible to reach 1.19000, bulls pressure on H4 still dominant
but price already increase very high

Offline Eliza Abrams

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Re: EUR/USD
« Reply #887 on: July 30, 2021, 03:28:41 PM »
It briefly touched 1.0910 and bounced off from it, so far there is no breakout and there likely won't be one this week.

Online fxopen78

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Re: EUR/USD
« Reply #888 on: August 02, 2021, 12:13:50 AM »
Price drops eventually on last week, in this morning there are small gap occurs and can to watch use M15 timeframe open price below the close price by the previous candle, I have no idea on Monday trading, usually movement still low, but not always.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #889 on: August 02, 2021, 01:41:15 PM »
It is testing the resistance at 1.1900, hopefully there will be a breakout this week.

Online fxopen78

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Re: EUR/USD
« Reply #890 on: August 03, 2021, 12:11:27 AM »
Price drops yesterday, now move at low points, H1 formed bulls pattern and price already touched lower band, its possible will rise again with target previous high

Offline Eliza Abrams

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Re: EUR/USD
« Reply #891 on: August 03, 2021, 12:32:58 PM »
It's still testing 1.1900 but it is quite bullish, I think we may see a breakout soon.

Online fxopen78

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Re: EUR/USD
« Reply #892 on: August 04, 2021, 12:39:59 AM »
Price drops and can't break the high, price very dynamic, before I think will break and continue to rise, but it's wrong.
now price on lower band level zone, H1 and H4 starting bulls candle.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #893 on: August 04, 2021, 12:06:25 PM »


It looks like it is about to bounce off from 1.1900 again. The range apparently continues to develop.

Online fxopen78

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Re: EUR/USD
« Reply #894 on: August 05, 2021, 12:16:56 AM »
The price continues to bullish and formed a new high, but suddenly the price drops again and landing at the previous low point, its form like a hammer, based theory its reversal candle pattern, but let see later on, if break the low maybe will bearish but if no, probably there are retracement.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #895 on: August 05, 2021, 12:46:38 PM »
The pair is still stuck in a sideways consolidation. It may not end this week after all.

Offline Libson

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Re: EUR/USD
« Reply #896 on: August 05, 2021, 02:19:20 PM »
The Euro fell from highs near US$1.1898 to lows near US$1.1832 and was near US$1.1835 at the US close.

Online fxopen78

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Re: EUR/USD
« Reply #897 on: August 06, 2021, 12:18:47 AM »
Yesterday movement was so weak, I think most traders waiting for NFP news time releases on this week,
usually, impact the news make higher volatility in the currency, but difficult to ride it

Offline Eliza Abrams

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Re: EUR/USD
« Reply #898 on: August 06, 2021, 02:23:27 PM »
I completely forgot the NFP is this week! Thanks for the reminder!

Online diyforexskills

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Re: EUR/USD
« Reply #899 on: August 07, 2021, 09:08:24 AM »
Sorry, couldn't resist this analysis from Orbex! I am just glad that I am following a EURUSD signal that has returned me 11% to date - only trading long.

"The EURUSD pair is developing a large bullish impulse. This impulse consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5).

Now the market is in an intermediate correction (4), which has a complex internal structure of a triple W-X-Y-X-Z zigzag.

Most likely, the level of 1.226 completed the second minor intervening wave X followed by a bearish market move in the wave Z. The wave Z hints at a triple zigzag consisting of minute sub-waves. The development of the last fifth sub-wave of the minute degree has now begun.

In the near future, a decline in the wave ⓩ to 1.160 is likely. At that level, the minor Z wave will be at 123.6% of the minor actionary Y wave.

Alternatively, the market recently completed the formation of the actionary minute wave ⓨ, which is part of the minor wave Z.

Thus, the currency pair could increase in price in the intervening wave ⓧ. It is possible that it will be equal to 61.8% of wave ⓨ. This means that it could end near the level of 1.204.

Only after the wave ⓧ is fully completed, market participants can observe a decline in the wave ⓩ below the level of 1.175 marked by the wave ⓨ."


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