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Author Topic: EUR/USD  (Read 33408 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #120 on: July 13, 2019, 04:13:48 PM »
This is the problem with sideways consolidations, signals in the middle of it often prove false. The move up clearly continues.

Offline drunkfx

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Re: EUR/USD
« Reply #121 on: July 15, 2019, 01:30:03 PM »
EUR/USD is stuck around 1.1250 and formed a shooting star candlestick on the daily time-frame around that level, maybe we will see another move south as a part of the consolidation.

Have you opened trade in any direction or you are waiting for a pullback to enter?

Offline Eliza Abrams

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Re: EUR/USD
« Reply #122 on: July 17, 2019, 03:44:52 PM »
EUR/USD is stuck around 1.1250 and formed a shooting star candlestick on the daily time-frame around that level, maybe we will see another move south as a part of the consolidation.

Have you opened trade in any direction or you are waiting for a pullback to enter?

I am waiting for the sideways consolidation to end, actually. It's getting tighter and tighter as it is, I don't dare touch it when it's like that.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #123 on: July 18, 2019, 03:19:05 PM »
EUR/USD is forming something of a correction after it dropped to 1.1200, I think after that it may retest that level.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #124 on: July 19, 2019, 04:34:10 PM »
The sideways consolidation continues and it looks like it won't end this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #125 on: July 20, 2019, 04:32:26 PM »
As I thought, EUR/USD closed at 1.1220. The consolidation lasted this week too, hopefully next week we finally see a breakout.
« Last Edit: July 20, 2019, 05:59:27 PM by Eliza Abrams »

Offline Eliza Abrams

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Re: EUR/USD
« Reply #126 on: July 23, 2019, 04:30:33 PM »
EUR/USD finally broke out below 1.1200 and is currently testing 1.1150, I think after a short correction it should continue depreciating.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #127 on: July 24, 2019, 04:22:13 PM »
The move south is slowly developing but it is yet to break out below 1.1100, it may not be able to this week.

sidewalk-star

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Re: EUR/USD
« Reply #128 on: July 24, 2019, 04:51:39 PM »
The move south is slowly developing but it is yet to break out below 1.1100, it may not be able to this week.

It will largely depend on how the market reacts to the ECB interest rate decision tomorrow and any announcement to commence QE. That will be the main driver for the direction of EUR pairs in the short-term.

Offline compujock

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Re: EUR/USD
« Reply #129 on: July 24, 2019, 07:16:31 PM »
The move south is slowly developing but it is yet to break out below 1.1100, it may not be able to this week.

It will largely depend on how the market reacts to the ECB interest rate decision tomorrow and any announcement to commence QE. That will be the main driver for the direction of EUR pairs in the short-term.

Absolutely!  Interest rates and other strong fundamental factors always trump any kind of technical indication.  At least in the short term.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #130 on: July 25, 2019, 05:18:23 PM »
Well, all that happened was a whipsaw, as usual. :(

Offline Eliza Abrams

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Re: EUR/USD
« Reply #131 on: July 26, 2019, 04:13:04 PM »
EUR/USD continues moving south for now and it is about to test 1.1100. I am not sure whether there will be a breakout this week though.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #132 on: July 30, 2019, 03:46:44 PM »
GBP/USD is depreciating hard but EUR/USD is still stuck in its consolidation, let's see how long it will last.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #133 on: July 31, 2019, 04:56:12 PM »
EUR/USD is depreciating back towards 1.1100 as part of the consolidation but there is no breakout in sight.

Offline reinerh

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Re: EUR/USD
« Reply #134 on: July 31, 2019, 05:23:37 PM »
EUR/USD is depreciating back towards 1.1100 as part of the consolidation but there is no breakout in sight.

break out is coming in a few hours time,

wanna bet :)

 

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