collapse

Author Topic: EUR/USD  (Read 96149 times)

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #225 on: December 04, 2019, 09:59:33 AM »
EUR/USD formed a spinning top at 1.1075 on the daily time-frame and bounced off from that resistance. Naturally, the sideways consolidation continues.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #226 on: December 05, 2019, 09:42:56 AM »
It's testing 1.1090 for now but it has also formed a pair of spinning tops around that level so whether it will rally above that resistance is unclear.

Offline Mad_Matt

  • Jr. Member
  • **
  • Posts: 26
Re: EUR/USD
« Reply #227 on: December 05, 2019, 12:05:39 PM »
It's testing 1.1090 for now but it has also formed a pair of spinning tops around that level so whether it will rally above that resistance is unclear.

What is a spinning top?

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #228 on: December 06, 2019, 09:41:49 AM »
I was referring to a spinning top candlestick - a candlestick with a  with a short real body that's vertically centered between long upper and lower shadows. It's a signal for indecision on the market, not necessarily a reversal.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #229 on: December 07, 2019, 09:46:54 AM »
The consolidation continues after all, the pair is back at 1.1060 and will likely continue dropping next week.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #230 on: December 10, 2019, 10:25:27 AM »
The pair remains very undecided, I think we will see it rally to 1.1100 again at best.

Offline fxopen78

  • Full Member
  • ***
  • Posts: 228
Re: EUR/USD
« Reply #231 on: December 10, 2019, 09:20:25 PM »
Pair eventually move to higher from the previous low, bullish trend been formed and the next target will possible to reached previous daily higher, seems the US economy in problem and press currency too weak over other currency

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #232 on: December 11, 2019, 10:33:36 AM »
I think that is very likely, but I doubt it will happen before the winter holidays. Usually market volatility winds down a lot at this time of the year.

Offline Zura

  • Jr. Member
  • **
  • Posts: 5
Re: EUR/USD
« Reply #233 on: December 12, 2019, 08:08:44 AM »
Most of all I like the euro dollar pair, but I began to look closely at others.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #234 on: December 13, 2019, 11:17:29 AM »
What other pairs are you interested in then?

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #235 on: December 14, 2019, 12:01:48 PM »
EUR/USD bounced off from 1.1200 last night and dropped back to 1.1115. Next week we may see it depreciate below 1.1100 after all.

Offline Nilanadar

  • Jr. Member
  • **
  • Posts: 5
Re: EUR/USD
« Reply #236 on: December 16, 2019, 08:36:58 AM »
Despite some fluctuations in the support of the euro dollars, it seems to me that this is the best pair for trading.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #237 on: December 16, 2019, 12:47:45 PM »
EUR/USD continues moving north, let's see, however, whether it will break out above 1.1200.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #238 on: December 17, 2019, 01:08:03 PM »
EUR/USD remains bullish but is yet to break out above 1.1200, which will likely happen this week.

Online Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1547
Re: EUR/USD
« Reply #239 on: December 18, 2019, 12:35:39 PM »
It found a resistance at 1.1175, I should have known better than to expect big changes in the week before Christmas.

 

browse forum

* Recent Posts

Re: The Most Common Forex Myths by Eliza Abrams
[Today at 04:11:06 PM]


Re: EUR/USD by Eliza Abrams
[Today at 04:04:36 PM]


Re: How can any broker steal your money, even regulated ones by drunkfx
[Today at 04:52:04 AM]


Re: EUR/USD by fxopen78
[Today at 01:02:02 AM]


Re: EUR/USD by Eliza Abrams
[Yesterday at 04:56:25 PM]


Re: smart forex expert signal by goodexp
[Yesterday at 03:31:19 PM]


Re: smart forex expert signal by stefanosb
[Yesterday at 03:20:41 PM]


Re: smart forex expert signal by MastaerFX
[Yesterday at 09:54:56 AM]


Re: smart forex expert signal by stefanosb
[Yesterday at 06:25:07 AM]


Re: EUR/USD by fxopen78
[Yesterday at 01:15:02 AM]