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Author Topic: EUR/USD  (Read 175327 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #840 on: June 29, 2021, 11:53:31 AM »
It dropped back down to 1.1900, next target will likely be the last low around 1.1850.

Online diyforexskills

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Re: EUR/USD
« Reply #841 on: June 29, 2021, 01:17:05 PM »
Guess that will depend on what LaGarde/ECB says tonight/today followed by US Consumer Confidence news.
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Offline Eliza Abrams

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Re: EUR/USD
« Reply #842 on: June 30, 2021, 02:13:25 PM »
Guess that will depend on what LaGarde/ECB says tonight/today followed by US Consumer Confidence news.

Thanks for that heads up, I didn't realize she'd be speaking.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #843 on: July 01, 2021, 01:32:22 PM »


It retested 1.1850 and formed a double bottom there, a new move north will likely occur.

Offline fxopen78

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Re: EUR/USD
« Reply #844 on: July 01, 2021, 10:20:33 PM »
The pair move arise yesterday but then get selling pressure and land to support zone 1.18411
BB lines expanding its mean market in high volatility


Offline Eliza Abrams

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Re: EUR/USD
« Reply #845 on: July 02, 2021, 01:42:09 PM »
Despite the double bottom, it dropped below 1.1850. It looks like it was a false signal for a move north.

Offline drunkfx

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Re: EUR/USD
« Reply #846 on: July 02, 2021, 07:09:05 PM »
What do you think will be EURUSD direction after NFP release today

Offline fxopen78

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Re: EUR/USD
« Reply #847 on: July 04, 2021, 11:21:44 PM »
NFP giving temporary impact to the market, almost pair move very fluctuated, EURUSD move suddenly uptrend, then wavy down and rise again, another pair like as GBPJPy also get impact because of NFP news.

Offline drunkfx

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Re: EUR/USD
« Reply #848 on: July 05, 2021, 06:22:28 AM »
Doji candle confirmed as a sign of growing buying pressure, the next price move is probably resistance at the previous high of 1.1950

Offline Eliza Abrams

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Re: EUR/USD
« Reply #849 on: July 05, 2021, 12:12:08 PM »
I agree, we are likely to see a move north toward 1.1900 - 1.1950.

Offline fxopen78

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Re: EUR/USD
« Reply #850 on: July 05, 2021, 11:21:31 PM »
The price now landing at 1.18655, RSI daily on level 41, but in H1 RSI at level 51, yesterday the pair formed bulls candle but in a small body, buyer pressure still weak to push the price move to higher more, now H1 still flat with small bulls pressure.


Offline Eliza Abrams

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Re: EUR/USD
« Reply #851 on: July 06, 2021, 02:15:19 PM »
I decided to wait it out for now, it's too undecided.

Offline fxopen78

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Re: EUR/USD
« Reply #852 on: July 07, 2021, 12:24:17 AM »
The price drops eventually, now at level 1.18202, its already on low-level price based on previous low
the price at the lower band line, its acts as a support zone on H4, but the line seems to start to expand with increasing volatility.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #853 on: July 07, 2021, 02:26:29 PM »
It is depreciating after it broke out below the double bottom it had formed. I should've had more confidence in my analysis.

Offline fxopen78

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Re: EUR/USD
« Reply #854 on: July 08, 2021, 12:43:03 AM »
Price continues to drops, on weekly timeframe it's moving to near support zone that may act as a double bottom, maybe this is crucial zone, when the price on lower BB, ideally act as the support level, but t possible to breakout

 

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