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Author Topic: EUR/USD  (Read 113478 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #495 on: August 11, 2020, 04:29:52 PM »
It found some support at 1.1725 but I think that for now the correction is still developing.

Offline fxopen78

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Re: EUR/USD
« Reply #496 on: August 12, 2020, 01:15:02 AM »
Currently price drop to 1.17398, if look history chart, this zone becomes support, if later breakout might continue to bears, but if bounce could reach previous high 1.18095

Offline Eliza Abrams

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Re: EUR/USD
« Reply #497 on: August 12, 2020, 04:56:25 PM »
It dropped to 1.1710 again before bouncing off from that level. It's clearly consolidating still.

Offline fxopen78

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Re: EUR/USD
« Reply #498 on: August 13, 2020, 01:02:02 AM »
Exceed previous daily eventually, but with small distance, the bullish candle has formed, although price H4 on the upper band, it's still possible to breakout

Offline Eliza Abrams

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Re: EUR/USD
« Reply #499 on: August 13, 2020, 04:04:36 PM »
It bounced off from 1.1860, it's probably dropping back toward 1.1800.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #500 on: August 14, 2020, 04:39:50 PM »
It bounced off from 1.1790 too, the pair is very undecided this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #501 on: August 15, 2020, 03:22:35 PM »
It closed at 1.1835, let's see how it will develop next week.

Offline rsmereka

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Re: EUR/USD
« Reply #502 on: August 17, 2020, 06:20:03 PM »
At the 8:00pm (broker time) candle, the pair broke through the level of resistance at 1.1864 to close at 1.1867. I am currently long.
« Last Edit: August 17, 2020, 06:21:47 PM by rsmereka »

Offline drunkfx

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Re: EUR/USD
« Reply #503 on: August 19, 2020, 07:45:46 PM »
Nice, but the Fed changed its stance on YCC I think we have to start to be careful about shorting USD. Looking to enter EURUSD longs with Hotforex.

Offline fxopen78

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Re: EUR/USD
« Reply #504 on: August 20, 2020, 01:13:47 AM »
Eurusd bearish yesterday, I think still possible to continue to reach low previous support 1.17xxx, but current price already on lower BB H4, market is dynamic, I think pair move on the range, buy at low might a good option

Offline Eliza Abrams

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Re: EUR/USD
« Reply #505 on: August 20, 2020, 02:34:43 PM »
It's possible. Let's see whether or when it will break out below 1.1800 though.

Offline fxopen78

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Re: EUR/USD
« Reply #506 on: August 21, 2020, 01:14:56 AM »
Price touched middle BB daily, the candle formed bulls with a small body, like a hammer but still has a tail, in theory, it's signal reversal, let see the next movement, will back to bullish and break high or still in narrow movement on Friday movement.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #507 on: August 21, 2020, 03:48:28 PM »
It dropped below 1.1800 and remains bearish. Do you think the move south will continue developing next week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #508 on: August 22, 2020, 04:31:24 PM »
Well, it closed at 1.1794. It's bearish for now.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #509 on: August 24, 2020, 03:26:27 PM »
It's consolidating around 1.1800, so far there is no signal for a move in either direction.

 

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