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Author Topic: EUR/USD  (Read 181223 times)

Offline fxopen78

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Re: EUR/USD
« Reply #900 on: August 09, 2021, 12:08:01 AM »
Today morning, the price is 1.17518, based on the H1 candlestick pattern, bearish pressure is still formed, although this level as a support zone, seems to impact NFP still get in touch.

Online Eliza Abrams

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Re: EUR/USD
« Reply #901 on: August 09, 2021, 12:38:00 PM »
It bounced off from 1.1740. So far the sideways consolidation continues, I think.

Offline fxopen78

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Re: EUR/USD
« Reply #902 on: August 10, 2021, 12:27:30 AM »
The price drops still, but H1 pattern this level price is 1.17349 as a support zone, it's possible to retrace to the completed wave before continuing the trend.

Online Eliza Abrams

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Re: EUR/USD
« Reply #903 on: August 10, 2021, 01:57:45 PM »
It broke out below 1.1760, I think it will depreciate to 1.1650 - 1.1640 for now.

Offline fxopen78

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Re: EUR/USD
« Reply #904 on: August 10, 2021, 11:54:05 PM »
Bearish still drive on, daily timeframe RSI level 36, based theory it not yet shows oversold zone, meanwhile previous low at 1.17106 formed March, the zone close to support line

Online Eliza Abrams

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Re: EUR/USD
« Reply #905 on: August 11, 2021, 12:32:29 PM »


It has almost reached 1.1700. I think it will likely drop below that level.

Online Eliza Abrams

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Re: EUR/USD
« Reply #906 on: August 11, 2021, 09:50:43 PM »
I hope this is not the start of another range, though it does kind of look that way.

Offline fxopen78

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Re: EUR/USD
« Reply #907 on: August 12, 2021, 12:22:17 AM »
The price is down but then gets buyer pressure, eventually candle-formed bulls yesterday, can be a reversal sign, but probably the price still walks on the range as indecision pattern.

Online Eliza Abrams

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Re: EUR/USD
« Reply #908 on: August 12, 2021, 01:16:38 PM »
It's consolidating around 1.1740 once again. It looks like another range is starting. :(

Online Eliza Abrams

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Re: EUR/USD
« Reply #909 on: August 12, 2021, 11:18:00 PM »
As I thought, it's consolidating around 1.1740 - 1.1730. We won't see a breakout this week either.

Offline fxopen78

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Re: EUR/USD
« Reply #910 on: August 13, 2021, 12:52:42 AM »
Price level already formed on support zone, Friday market, maybe price will move randomly, but still in the range
based supply-demand theory, this is in equilibrium line.

Online Eliza Abrams

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Re: EUR/USD
« Reply #911 on: August 15, 2021, 06:27:58 PM »


We may see some pullback once the market opens again, but the move north will likely continue developing.

Offline fxopen78

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Re: EUR/USD
« Reply #912 on: August 16, 2021, 12:20:12 AM »
Surprisingly the pair move the reversal point last week, out of my expectation that EURUSD will reversal time this week, there is no gap today, volume trading is still so weak.

Online Eliza Abrams

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Re: EUR/USD
« Reply #913 on: August 16, 2021, 12:50:52 PM »
As I thought, it's forming a pullback. Or maybe it will drop back down 1.1700, at this point it's unclear.

Online Eliza Abrams

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Re: EUR/USD
« Reply #914 on: August 16, 2021, 07:40:27 PM »
It started consolidating around 1.1770, we're going to see another range, will we?

 

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