collapse

Author Topic: EUR/USD  (Read 166407 times)

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #750 on: April 18, 2021, 11:28:02 AM »
The market will reopen again soon, let's see whether the move north will continue!

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #751 on: April 19, 2021, 12:03:36 PM »
It rallied to 1.2040. There is a resistance around 1.2050, I think, let's see whether it will rally past that level.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 386
Re: EUR/USD
« Reply #752 on: April 19, 2021, 10:54:15 PM »
What happens on Monday market? on morning days this pair occurs gap down, but then price move to recover gap and formed long body candle, its mean strong bulls, it's like not a usual market condition in Monday that usually moves in narrow movement.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #753 on: April 20, 2021, 01:05:27 PM »
It rallied to 1.2050. By the looks of it, it's still quite bullish and the move north will likely continue.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #754 on: April 21, 2021, 11:17:44 AM »
The pair formed a spinning top at 1.2080 and bounced off from that level. I think it may drop below 1.2000 again.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #755 on: April 22, 2021, 02:09:15 PM »
It formed another spinning top at 1.2050, I think the move north may be ending indeed.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 386
Re: EUR/USD
« Reply #756 on: April 22, 2021, 11:35:13 PM »
Although the Moving average still shows an uptrend, the price seems in the consolidation phase, they move on the previous day's range. Friday market sometimes high volatility but involved higher risk volatility

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #757 on: April 23, 2021, 02:18:02 PM »
The two pinbars on the daily time-frame looked like a reversal signal to me, but clearly I was wrong. The pair is still bullish.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #758 on: April 24, 2021, 12:11:55 PM »
It rallied to 1.2100. Next week it may continue rallying, I think.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 386
Re: EUR/USD
« Reply #759 on: April 25, 2021, 11:34:43 PM »
We get lesson if not always Pin bar will giving the high accurate signal, its necessary to keep stop loss based rules, above or below the wick, Friday market is wild, involving risk, some trader might like to stay away

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #760 on: April 26, 2021, 01:45:07 PM »
Indeed. Most of the time they are pretty accurate, but when they are not it's painful. :(

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #761 on: April 27, 2021, 12:51:02 PM »
It's consolidating around 1.2080 today. Do you think it will rally above 1.2100 this week?
« Last Edit: April 27, 2021, 12:55:17 PM by Eliza Abrams »

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #762 on: April 28, 2021, 11:57:55 AM »
Consolidation continues today. I've closed my longs for now, if it breaks out above 1.2100, I may open new ones.

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1857
Re: EUR/USD
« Reply #763 on: April 29, 2021, 12:36:22 PM »
The move north continues, it broke out above 1.2100 again. I think next target will be around 1.2150.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 386
Re: EUR/USD
« Reply #764 on: April 29, 2021, 03:41:31 PM »
Seems EURUSD on a bullish trend, but if compared to EURJPY, the movement still strongest on EURJPY
Sometimes I use both pair to hedge pair correlation, so far included as low-risk strategy

 

browse forum

* Recent Posts

Re: Will cryptocurrencies like Bitcoin ever gain mass adoption? by Humble Trader's Fx
[Today at 06:12:34 PM]


Re: HotForex by drunkfx
[Today at 03:10:18 PM]


Re: Will cryptocurrencies like Bitcoin ever gain mass adoption? by Eliza Abrams
[Today at 12:40:43 PM]


Re: EUR/USD by Eliza Abrams
[Today at 12:00:26 PM]


Re: EUR/USD by fxopen78
[Yesterday at 11:48:10 PM]


Re: HotForex by hardforex
[Yesterday at 05:55:54 PM]


Re: EUR/USD by Eliza Abrams
[Yesterday at 11:52:19 AM]


Re: EUR/USD by fxopen78
[July 25, 2021, 11:41:26 PM]


Re: DIY Frequent Trader by diyforexskills
[July 24, 2021, 06:22:56 AM]


Re: HELP choosing a suitable broker by ichamp
[July 23, 2021, 04:27:39 PM]