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Author Topic: EUR/USD  (Read 147985 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #690 on: February 24, 2021, 04:52:22 PM »
It is depreciating back to 1.2100, I think. The pair is stuck in a range for now.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #691 on: February 25, 2021, 04:59:35 PM »
The range is finally over! The pair is moving north and next target is likely around 1.2300.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #692 on: March 01, 2021, 04:33:12 PM »
It bounced off 1.2240 again and it is back at 1.2050, these corrections always seem endless.

Offline drunkfx

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Re: EUR/USD
« Reply #693 on: March 02, 2021, 02:25:20 PM »
I think the bullish trend is definitely over for now - USD saw surge of investment flows thanks to pronounced rebound in momentum. EUR/USD has begun a serious correction. I think next target will be around 1.1850-1.19.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #694 on: March 02, 2021, 05:00:35 PM »
The bullish trend has been over for a while, I think. The pair has been forming a correction since  early January.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #695 on: March 03, 2021, 05:57:01 PM »
It remains in correction mode today as well. I wonder whether it will end this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #696 on: March 04, 2021, 05:11:57 PM »
It's clearly still consolidating. I have given up hope that will change this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #697 on: March 05, 2021, 05:05:57 AM »
It's testing the support at 1.1950. Depending on its development at this level we may see a double bottom - and a sharp move north - or a breakout to the downside and a further depreciation.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #698 on: March 06, 2021, 05:03:53 PM »
The pair broke out below 1.1950, I think next week we will see it depreciating down to 1.1800 or even below that level.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #699 on: March 08, 2021, 06:44:05 PM »
It remains very bearish this week as I thought it would be. It will likely reach 1.1800 and drop below that level too.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #700 on: March 09, 2021, 05:44:16 PM »
It bounced off from 1.1840 but I think it is still quite bearish. The pair will likely drop below 1.1800.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #701 on: March 10, 2021, 03:11:52 PM »
It's consolidating around 1.1900, the pair is quite undecided for the moment, I think.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #702 on: March 11, 2021, 05:59:59 PM »
The move north began again after the pair bounced off from 1.1840. The next target may be at 1.1900 but the pair is still forming an overall correction.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #703 on: March 12, 2021, 05:35:45 PM »
The pair will likely close around 1.1950, next week we may see it rally back up to 1.2000.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #704 on: March 13, 2021, 06:00:08 PM »
The pair closed after bouncing off from 1.1990, almost reaching the target at 1.2000. Next week the correction should continue.

 

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