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Author Topic: EUR/USD  (Read 48060 times)

Offline fxopen78

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Re: EUR/USD
« Reply #300 on: February 13, 2020, 08:23:31 PM »
Eventually, EURUSD break the key support and become trend continuation, these pair move strongly to bearish, its similar movement with EURGBP, but we don't know Friday market, sometimes in high volatility and random to movement.

Online Eliza Abrams

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Re: EUR/USD
« Reply #301 on: February 14, 2020, 12:26:45 PM »
It dropped to 1.0825 and is consolidating there but I think that it may keep falling to 1.0800 before a correction begins.
« Last Edit: February 14, 2020, 01:18:37 PM by Eliza Abrams »

Online Eliza Abrams

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Re: EUR/USD
« Reply #302 on: February 15, 2020, 11:36:38 AM »
It remained at 1.0830 when the market closed, next week the correction may begin.

Online Eliza Abrams

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Re: EUR/USD
« Reply #303 on: February 17, 2020, 12:45:20 PM »
EUR/USD is still consolidating which is normal for this part of the trading week. I doubt we will see much of a change before tomorrow.

Offline fxopen78

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Re: EUR/USD
« Reply #304 on: February 17, 2020, 09:03:10 PM »
EURUSD formed inside bar candle pattern on the last trading session, although price candle as bearish, in fact still not yet break lower low, in this condition still has two scenarios, the price will break down and continue the trend, or still in consolidation phase which price already down oversold.

Online Eliza Abrams

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Re: EUR/USD
« Reply #305 on: February 18, 2020, 12:52:22 PM »
The move south continues and by the looks of it the pair may drop below 1.0800 soon. Let's see when the correction will begin.

Online diyforexskills

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Re: EUR/USD
« Reply #306 on: February 19, 2020, 12:06:08 PM »
If we look at the Weekly chart we see a H&S pattern and a downward channel; suggesting significant reversal may not occur until about 1.05/1.055. Channel support coinciding with the H&S "equidistant" move and previous Support areas.
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Online Eliza Abrams

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Re: EUR/USD
« Reply #307 on: February 19, 2020, 12:20:38 PM »
The move south continues without pausing at all, EUR/USD dropped below 1.0800 and it remains bearish.

Offline fxopen78

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Re: EUR/USD
« Reply #308 on: February 19, 2020, 10:13:58 PM »
Yes the trend still remains bearish, yesterday movement figured bulls candle, and it's possible taking profit act from the seller, but Friday movement sometimes randomly due to many close order in last week, the expected price will continue bearish

Online Eliza Abrams

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Re: EUR/USD
« Reply #309 on: Yesterday at 01:07:46 PM »
It found some support at 1.0790 but so far there is no signal for a move to the upside, if anything the pair is struggling to break out that support as well.

Online Eliza Abrams

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Re: EUR/USD
« Reply #310 on: Today at 01:04:53 PM »
It continues consolidating sideways for now and I doubt we will see a breakout to the downside or a proper correction by the time the market closes today.

 

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