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Author Topic: EUR/USD  (Read 166391 times)

Offline fxopen78

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Re: EUR/USD
« Reply #780 on: May 12, 2021, 08:34:18 PM »
Price retest high but cant breakout, eventually move down and break low, figure out bearish strong
seems USD gaining today

Offline Eliza Abrams

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Re: EUR/USD
« Reply #781 on: May 13, 2021, 01:06:10 PM »
 It dropped back to 1.2080. Next target will likely be at 1.2000 again.

Offline fxopen78

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Re: EUR/USD
« Reply #782 on: May 13, 2021, 11:56:02 PM »
Currently at 1.20792, the price cross to Mc Ginley line indicator, the line formed horizontal like as will change the trend
if break low might continue bullish, on H1 price move on the range sideways

Offline Eliza Abrams

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Re: EUR/USD
« Reply #783 on: May 14, 2021, 11:31:33 AM »
It's still consolidating around 1.2100. It will likely do that until the market closes this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #784 on: May 17, 2021, 12:23:35 PM »
It rallied back toward 1.2170. If it finally breaks out above it, next target should be around 1.2200.

Offline fxopen78

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Re: EUR/USD
« Reply #785 on: May 18, 2021, 12:37:36 AM »
Uptrend still dominating, the price now landing at 1.21546, since this week all formed bulls candle.
but look at hourly timeframe after formed hew high then get pressure supply

Offline Eliza Abrams

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Re: EUR/USD
« Reply #786 on: May 18, 2021, 12:58:28 PM »
It did break out above 1.2200. I think next target will be likely somewhere around 1.2300.

Offline Khan00

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Re: EUR/USD
« Reply #787 on: May 18, 2021, 02:47:13 PM »
The Euro rose from lows near US$1.2125 to highs near US$1.2167 and was near US$1.2150 at the US close. The Aussie dollar rose from lows near US77.31 cents to highs near US77.73 cents and was near US77.70 cents at the US close.

Offline fxopen78

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Re: EUR/USD
« Reply #788 on: May 18, 2021, 11:09:15 PM »
Bulls market dominated the previous movement with formed high 1.22336, H1 in a consolidation phase, the price move more 70%, pay attention reverse movement.

Offline drunkfx

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Re: EUR/USD
« Reply #789 on: May 19, 2021, 07:40:51 AM »
It rallied back toward 1.2170. If it finally breaks out above it, next target should be around 1.2200.

Not hard to guess since distance between those two is 30 pips. I guess growing weakness in equity markets as seen from red US close on Tuesday should support USD in the coming days.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #790 on: May 19, 2021, 01:28:17 PM »
It rallied to 1.2245 and it remains quite bullish, the move north will likely continue.

Offline fxopen78

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Re: EUR/USD
« Reply #791 on: May 19, 2021, 11:57:02 PM »
The price decline eventually yesterday, now the price land at low daily 1.21721,
it possible to bounce to rise again, but let see what happens later.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #792 on: May 20, 2021, 12:01:45 PM »
It pulled back from 1.2245 but the move north will likely continue. An actual breakout above 1.2245 likely won't occur this week though.

Offline fxopen78

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Re: EUR/USD
« Reply #793 on: May 21, 2021, 12:01:58 AM »
The price already reaches a high now, based on the daily candle, volume demand already declines and the price seems to start to consolidate, two scenarios if price retest this level could be strong resistance if break then will continue bullish.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #794 on: May 21, 2021, 11:50:05 AM »
It is testing 1.2230 indeed. I wonder if we will see a breakout today though.

 

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