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Author Topic: EUR/USD  (Read 166384 times)

Online drunkfx

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Re: EUR/USD
« Reply #870 on: July 20, 2021, 08:02:18 AM »
The price still move in the range of high to low market, although yesterday the price hit 1.18239 but eventually drops and back to middle range, the possible high still on 1.18400 with possible formed new low

Equity markets pullback will drive EUR low since investors are pulling out from risk assets and this event won't likely to be over in 1-2 days, more losses are ahead.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #871 on: July 20, 2021, 11:48:11 AM »
The range continues for now though and there is no indication for a breakout for the moment.

Offline fxopen78

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Re: EUR/USD
« Reply #872 on: July 21, 2021, 12:57:45 AM »
The price still moves as usual previous range, although formed a bulls candle, but it has not yet formed a new high, bears tendencies still possible to continue.

Online drunkfx

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Re: EUR/USD
« Reply #873 on: July 21, 2021, 07:56:57 AM »
I don't see bull candle I see a huge bear candle hope this will be resolved this week after the ECB, I guess they should say something positive for Euro

Offline Eliza Abrams

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Re: EUR/USD
« Reply #874 on: July 21, 2021, 01:59:52 PM »
Hopefully the fundamentals this week do cause a breakout because the range has lasted long enough already.

Offline fxopen78

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Re: EUR/USD
« Reply #875 on: July 21, 2021, 11:46:18 PM »
The price is still in daily range, but yesterday formed new high, this become resistance zone I think
but what happen later let see, this consolidation phase on H1.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #876 on: July 22, 2021, 12:37:04 PM »
It remains undecided still. So much about the range ending this week.

Offline fxopen78

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Re: EUR/USD
« Reply #877 on: July 22, 2021, 11:25:38 PM »
The price was already back to bottom-line as a support zone, yesterday the price move in higher volatility and reach a new high, but then drop again, if this zone has strong support, possible price moving up first

Offline Eliza Abrams

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Re: EUR/USD
« Reply #878 on: July 23, 2021, 01:34:09 PM »
1.1760 - 1.1770 is a very strong support indeed, I doubt we will see a breakout this week.

Offline fxopen78

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Re: EUR/USD
« Reply #879 on: July 25, 2021, 11:41:26 PM »
There re small gap this morning, look at H1 there is one candle jump, where the open price is not the same as the close price from the previous candle, but the gap already recovered where the candle formed bullish

Offline Eliza Abrams

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Re: EUR/USD
« Reply #880 on: Yesterday at 11:52:19 AM »
It bounced off from 1.1770 and is rather bullish at the moment, it may climb above 1.1800 to gear up for another attempt at the support at 1.1770.

Offline fxopen78

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Re: EUR/USD
« Reply #881 on: Yesterday at 11:48:10 PM »
Yes, it reaches 1.18166, now the price in consolidation close on upper band H4, it possible the price then bounce to drops
but if the level has broken, it might rise up

Offline Eliza Abrams

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Re: EUR/USD
« Reply #882 on: Today at 12:00:26 PM »
So far it's testing 1.1810 - the range is getting tighter and tighter, soon we should see a breakout.

 

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