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Author Topic: EUR/USD  (Read 189770 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1065 on: November 24, 2021, 02:18:02 PM »

It dropped below 1.1300 as I thought it may. The last low is all the way down to 1.0630, formed in March 2020. It'd be interesting to see if it depreciates to that level eventually.
« Last Edit: November 25, 2021, 04:50:44 PM by Eliza Abrams »

Offline fxopen78

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Re: EUR/USD
« Reply #1066 on: November 24, 2021, 09:57:59 PM »
Seems the price still continue to drop, maybe European countries still face so many problems for recover economy and still face difficulties, the decline already begin five months during pandemic in 2021

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1067 on: November 25, 2021, 04:51:02 PM »
It looks very bearish, I agree. We'll probably see it depreciate below 1.1300 soon.

Offline drunkfx

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Re: EUR/USD
« Reply #1068 on: November 25, 2021, 06:00:09 PM »
Support at 1.1170 look quite solid also almost all bullish catalysts on USD have been priced. Only equities correction can help  it to shoot higher

Offline fxopen78

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Re: EUR/USD
« Reply #1069 on: November 25, 2021, 10:35:40 PM »
The price today, EURUSD still in low trading volume, yesterday movement still move inside the bar, the next trading scenario, if price break low, then possible continue bearish, but if break high, maybe temporary bullish occurs.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1070 on: November 26, 2021, 02:57:37 PM »


    It pulled back from 1.1200 and I think next week we may finally see some correction forming.


Offline drunkfx

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Re: EUR/USD
« Reply #1071 on: November 26, 2021, 05:20:52 PM »
Yes I also expect rebound to pull the price at least towards to major bearish trendline, should be around 1.15 level

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1072 on: November 29, 2021, 02:25:09 PM »
It bounced off from 1.1325. I think the correction may take the form of a sideways consolidation, for now at least.

Offline fxopen78

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Re: EUR/USD
« Reply #1073 on: November 29, 2021, 09:53:56 PM »
Yes, its consolidation, the candle formed small body candle and not yet able to break high and its formed Doji candle as in theory, the market still indecision. In this case, usually, traders will use the next candle as signal confirmation.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1074 on: November 30, 2021, 02:36:58 PM »
 Much as I thought the correction would go sideways, at least for a little while, the pair aimed straight up. The closest target is around 1.1400, I think.

Offline fxopen78

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Re: EUR/USD
« Reply #1075 on: November 30, 2021, 10:05:06 PM »
I don't understand what happen on EURUSD yesterday, after the price tried to head up, but suddenly the price drops and very deep, I am not checking the news may impact, but now after drops, the price formed a reverse movement to rise again, in daily, the price still below MA12 still downtrend based MA

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1076 on: December 01, 2021, 04:41:46 PM »
It's correcting after the big drop. Corrections like this are often somewhat chaotic, it's why I avoid trading them.

Offline fxopen78

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Re: EUR/USD
« Reply #1077 on: December 01, 2021, 10:56:00 PM »
Volume transaction yesterday market seems unable to make price breakout, the price still move inside the previous candle, inside the bar as weaken price movement, now h1 price move on the range, still uncertainty, possible drops

Offline Eliza Abrams

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Re: EUR/USD
« Reply #1078 on: December 02, 2021, 02:58:51 PM »


It continues consolidating sideways on the smaller time frames, but on the weekly time frame it has formed a distinct hammer candlestick at the support at 1.1185 so we may see a significant move north eventually.

Offline fxopen78

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Re: EUR/USD
« Reply #1079 on: December 02, 2021, 10:18:49 PM »
The price drops but in small trading volume, declining price not yet reach previous low, and still inside the bar, today is Friday as the first week at beginning months, there are news high impact NFP, I think the movement price will low before the news, but this is not always like that.

 

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