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Author Topic: EUR/USD  (Read 113133 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #555 on: October 14, 2020, 03:57:48 PM »
It did begin dropping, but the pair is so undecided we will have to wait and see whether it will depreciate below 1.1750.

Offline Humble Trader's Fx

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Re: EUR/USD
« Reply #556 on: October 14, 2020, 07:58:20 PM »
It did begin dropping, but the pair is so undecided we will have to wait and see whether it will depreciate below 1.1750.


It all depends on the Brexit negotiations: If there is some good news tomorrow or Friday, it will take off. I wouldn't hold any open positions this weekend given the EU meeting about to take place.


Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #557 on: October 15, 2020, 03:56:54 PM »
Good point. We'll have to wait and see then. It is currently bearish, but who knows how long that will last.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #558 on: October 16, 2020, 02:52:42 PM »
So far no results, the pair remains undecided.

Offline Humble Trader's Fx

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Re: EUR/USD
« Reply #559 on: October 16, 2020, 03:32:59 PM »
So far no results, the pair remains undecided.

If Johnson drops his threat and negotiations are allowed to continue for longer than a week, perhaps Brexit will become secondary on the international sceen and a greater focus on the US elections will have the EUR surge for now. This weekend will be the determinant factor.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #560 on: October 19, 2020, 02:59:13 PM »
I hope so. I don't know about you, but I am tired of this range.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #561 on: October 20, 2020, 03:09:05 PM »
It is testing 1.1825 again, let's see whether it will continue rising toward the last high at 1.1870.

Offline drunkfx

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Re: EUR/USD
« Reply #562 on: October 20, 2020, 05:23:45 PM »
I also expect it to shoot higher due to dovish Fed and stimulus expectations. There are little drivers for Dollar gains except equities sell-off

Offline Eliza Abrams

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Re: EUR/USD
« Reply #563 on: October 21, 2020, 03:56:43 PM »
It broke out above 1.1870 as well and the move north continues. Next target is likely at 1.1900.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #564 on: October 22, 2020, 03:16:29 PM »
It bounced off from 1.1880 but the move toward 1.1900 may still continue.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #565 on: October 23, 2020, 03:24:09 PM »
It's still consolidating below 1.1880. By the looks of it we won't see a breakout this week.

Offline drunkfx

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Re: EUR/USD
« Reply #566 on: October 27, 2020, 05:11:25 AM »
We have ECB policy meeting this week where Lagarde will have to address recent weakness due to tightening of social restrictions. Potential dovish surprise for EURUSD.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #567 on: October 27, 2020, 02:47:34 PM »
Thank you for the heads up. Let's see what effect that will have on the pair.

Offline fxopen78

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Re: EUR/USD
« Reply #568 on: October 27, 2020, 11:49:16 PM »
Technically the pair is bearish tendencies, with a support target of 1.1700. but the news ECB meeting its possible influence on the currency, let see what happens next.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #569 on: October 28, 2020, 02:54:25 PM »
Indeed, it has almost reach 1.1700 again.

 

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