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Author Topic: EUR/USD  (Read 197599 times)

Online Eliza Abrams

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Re: EUR/USD
« Reply #1080 on: December 03, 2021, 05:21:40 PM »
Nothing much happened today. Hopefully the consolidation will end next week.

Offline fxopen78

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Re: EUR/USD
« Reply #1081 on: December 05, 2021, 10:49:02 PM »
Yes, the price still moves on low trading volume, Friday market effect NFP only temporary movement, it's not like as effect NFP on few years past, today, there is only a small gap can be seen on 5-minute timeframe.

Online Eliza Abrams

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Re: EUR/USD
« Reply #1082 on: December 06, 2021, 02:24:25 PM »
It formed a pinpar on the weekly time-frame too, between that and the hammer cadlestick at 1.1185 I'd say we'll be seeing a move north soon.

Offline fxopen78

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Re: EUR/USD
« Reply #1083 on: December 06, 2021, 10:50:27 PM »
If we take a look monthly timeframe, the trend is possible still bearish, going to weekly, yes, it's maybe warning for reversal pattern-based Pin bar, next on daily, the price so hard to move up and break high, but downtrend still so weak to push the price drops

Online Eliza Abrams

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Re: EUR/USD
« Reply #1084 on: December 07, 2021, 02:41:11 PM »
 It's testing the support at 1.1240 despite the two bullish candlesticks on the weekly time frame, a possible breakout could lead to 1.1100.

Offline fxopen78

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Re: EUR/USD
« Reply #1085 on: December 07, 2021, 10:15:42 PM »
The price pattern is still wavy on the H1 timeframe, it up and down but still strong decline, yesterday market already formed a new low, but then retrace again on this morning, MA 12 may act as resistance level on the dynamic manner

Offline fxopen78

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Re: EUR/USD
« Reply #1086 on: December 08, 2021, 10:46:22 PM »
The price formed bulls candle yesterday, after previous day movement on a downtrend, but then price get pressure from buyer and success to make the price land resistance zone based range, it possible the price reverse again as on the range daily price.

Online Eliza Abrams

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Re: EUR/USD
« Reply #1087 on: December 09, 2021, 04:26:34 PM »

Consolidation continues for now. By the looks for it that may not end this week.

Offline fxopen78

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Re: EUR/USD
« Reply #1088 on: December 09, 2021, 11:31:01 PM »
H1 timeframe shows the price n consolidation, its only move on the small range, buyer not enough power to break high and seller too, the pattern is bullish, but possible occur strong seller can push the price drops

Online Eliza Abrams

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Re: EUR/USD
« Reply #1089 on: December 10, 2021, 04:58:14 PM »
The consolidaton probably won't end this week after all. If it stretches into the holidays it may stay like that until next year.

Offline fxopen78

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Re: EUR/USD
« Reply #1090 on: December 12, 2021, 10:21:40 PM »
Monday has come, today there are gap occurs in EURUSD the opening price below Friday's closing price, but now seems the price movement trying to recover the gap, sometimes successful but sometimes need longer time.

Online Eliza Abrams

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Re: EUR/USD
« Reply #1091 on: December 13, 2021, 02:47:05 PM »
It still remains very undecided. We are probably looking at another week of range.

Offline fxopen78

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Re: EUR/USD
« Reply #1092 on: December 13, 2021, 10:20:16 PM »
The price still move on daily range market, the price down but then rising again on the swing high to low, although the price tend to down, but volume so weak to push price moving further, price now on Middle band, with downtrend pattern

Online Eliza Abrams

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Re: EUR/USD
« Reply #1093 on: December 14, 2021, 03:55:21 PM »
It's still consolidating. I've closed all positions and I am waiting for the consolidation to end.

Offline fxopen78

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Re: EUR/USD
« Reply #1094 on: December 14, 2021, 10:30:11 PM »
The price yesterday move to swing high zone 1,13237, but eventually drops again and land on the swing low, its success to break the low, but now down already weak and formed consolidation, seems the price still move on the range

 

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