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Author Topic: EUR/USD  (Read 181224 times)

Offline fxopen78

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Re: EUR/USD
« Reply #1005 on: October 12, 2021, 11:13:39 PM »
The price eventually drops and breaks the previous low and formed a new low.
I think Euro is still in problem, there are some countries in Euro face crisis energy and still not yet over

Online Eliza Abrams

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Re: EUR/USD
« Reply #1006 on: October 13, 2021, 04:28:08 PM »
It found some support at 1.1520, but I think after some correction it will keep falling. It has broken below every major support so far and the way down is clear.

Offline fxopen78

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Re: EUR/USD
« Reply #1007 on: October 13, 2021, 11:05:05 PM »
The reverse condition occurs yesterday, the price formed bulls candle as buyer increase volume, EURUSD now prices 1.15978, h1 timeframe shows the price in bulls market, but long term trend still in question, because monthly and weekly-based timeframe still in bearish.

Online Eliza Abrams

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Re: EUR/USD
« Reply #1008 on: October 14, 2021, 03:07:39 PM »


It bounced off from 1.1525 and we may see some correction, but I think it remains bearish for now.

Offline fxopen78

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Re: EUR/USD
« Reply #1009 on: October 14, 2021, 11:55:41 PM »
Yesterday's market, price heading to 1.16236 level price, but then get a push from the seller and the price back to 1.15970, its formed long wick candle, H1 shows the candles in a row move on the small range for last five hour.

Online Eliza Abrams

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Re: EUR/USD
« Reply #1010 on: October 15, 2021, 03:02:52 PM »
It's consolidating after the big drop, but I doubt we will see any big changes this week before the market closes.

 

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