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Author Topic: EUR/USD  (Read 113474 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #510 on: August 25, 2020, 04:12:14 PM »
The pair is currently moving north but it is also clearly forming a sideways correction, it's unclear how it will develop.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #511 on: August 26, 2020, 04:19:07 PM »
Consolidation continues for the moment, there is no signal for a new large movement.

Offline fxopen78

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Re: EUR/USD
« Reply #512 on: August 27, 2020, 12:47:11 AM »
Price on high on days this week, if the breakout is then bullish, could possibly form bullish trend continuation, but if price back to drop, it's possible to reached the previous low.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #513 on: August 27, 2020, 03:23:20 PM »
It's testing 1.1780 again, I think it may depreciate back to 1.1750.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #514 on: August 28, 2020, 05:24:57 PM »
The pair is back at 1.1900 but I doubt we'd see a proper breakout before the market closes for the week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #515 on: August 31, 2020, 03:49:29 PM »
It's about to break out above 1.1950, let's see how high it will rally this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #516 on: September 01, 2020, 04:49:01 PM »
It broke out above 1.1965, next target is likely around 1.2000.

Offline fxopen78

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Re: EUR/USD
« Reply #517 on: September 01, 2020, 09:01:11 PM »
Bearish pressure this pair, look-alike up movement then pressing with down movement in big volume, it's possible as reversal signal as current pattern this pair in the top zone or resistance zone.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #518 on: September 02, 2020, 03:37:58 PM »
It formed a shooting star candlestick at 1.2010 on the daily time frame, it is quite bearish currently indeed. Next target may be 1.1800.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #519 on: September 04, 2020, 03:45:32 PM »
It is moving south indeed. It broke out below 1.1800, next target is likely at 1.1750, which is the last low.

Offline fxopen78

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Re: EUR/USD
« Reply #520 on: September 07, 2020, 12:36:54 AM »
There are small gaps that have occurred on this morning, but only we can see on small timeframe M5, there is a gap up between candle, previous candle formed with pin bar model, its reversal sign, but look formation candle, still possible to down

Offline Eliza Abrams

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Re: EUR/USD
« Reply #521 on: September 07, 2020, 03:18:05 PM »
The move south continues developing slowly, it will likely soon drop below 1.1800.

Offline fxopen78

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Re: EUR/USD
« Reply #522 on: September 08, 2020, 12:51:24 AM »
Yes the pair move slowly, I think big market player awaiting certain momentum to enter the market, might later on Thursday move higher volatility. technically it possible to reached the previous low on daily.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #523 on: September 08, 2020, 04:01:06 PM »
It broke out below 1.1800, let's see how low it will drop this week.

Offline fxopen78

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Re: EUR/USD
« Reply #524 on: September 09, 2020, 01:34:23 AM »
Bears in a small volume, its indicate the seller still reluctant to push the price down with bigger volume, although possible will continue bearish, need pay attention if smart money work.

 

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