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Author Topic: EUR/USD  (Read 113469 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #525 on: September 09, 2020, 04:21:02 PM »
It bounced off from 1.1750, it is clearly forming a range channel above that level.

Offline fxopen78

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Re: EUR/USD
« Reply #526 on: September 10, 2020, 12:50:12 AM »
I think the current zone becomes a crucial zone, take the previous history, this is support zone, if likely support zone breakout and the trend bearish continue, it will become a new trend, but if still hard to break, possibly still move on the range

Offline Eliza Abrams

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Re: EUR/USD
« Reply #527 on: September 10, 2020, 02:04:49 PM »
It's developing with the channel currently, rallying back toward 1.1950.

Offline fxopen78

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Re: EUR/USD
« Reply #528 on: September 11, 2020, 12:40:30 AM »
A Hammer candle has formed previous daily, its mean buyer pressure fight with the seller with seller dominated on the end close, in theory, its reversal sign, but take a look hourly now two bulls candle like as morning star.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #529 on: September 11, 2020, 04:10:39 PM »
The hammer candle on daily is in such a spot in the range (the middle) it's unclear in which direction the reversal is supposed to be.

Offline fxopen78

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Re: EUR/USD
« Reply #530 on: September 14, 2020, 01:17:29 AM »
Consolidation phase I think, Doji candle has formed on the daily timeframe,  this is, in theory, is indecision candle, buyer and seller still reluctant to push prices to move up or down, might the movement will on the range

Offline Eliza Abrams

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Re: EUR/USD
« Reply #531 on: September 14, 2020, 03:02:42 PM »
Indeed. It bounced off from the support at 1.1750 and it is now rallying toward the resistance at 1.1950. Let's see whether there will be a breakout this week.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #532 on: September 15, 2020, 04:01:55 PM »
The pair bounced from 1.1900, the range is getting narrower. Which means there should be a breakout some time soon, hopefully.

Offline fxopen78

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Re: EUR/USD
« Reply #533 on: September 16, 2020, 12:43:00 AM »
This week still possible the pair move on the range daily, look at the monthly candle, its formed bears as weaken of buyer pressure, the range about 1.2000 as high and 1.17xxx as low

Offline Eliza Abrams

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Re: EUR/USD
« Reply #534 on: September 16, 2020, 02:47:52 PM »
By the looks of it the range will continue for now, even if it is getting narrower. So far there is no breakout.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #535 on: September 17, 2020, 03:18:33 PM »
It dropped back to 1.1735, this range won't end this week by the looks of it. :(

Offline fxopen78

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Re: EUR/USD
« Reply #536 on: September 18, 2020, 01:11:45 AM »
Look on daily is flat which pair move on the range not yet to breakout if using Alligator this in sleep mode to waiting for the alligator to wake up and eat

Offline Eliza Abrams

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Re: EUR/USD
« Reply #537 on: September 18, 2020, 02:53:03 PM »
Yeah, I noticed. This range won't end this week. :(

Offline fxopen78

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Re: EUR/USD
« Reply #538 on: September 22, 2020, 01:26:19 AM »
Sideways still price on the range, one way to safe trade might with use swing high and swing low on the range to enter with stop loss out the box line.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #539 on: September 27, 2020, 04:35:38 PM »
The pair is bearish and it broke out below the range. I think next week it will drop below 1.1600.

 

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