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Author Topic: EUR/USD  (Read 113128 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #585 on: November 13, 2020, 02:19:52 PM »
It is slowly rising back toward 1.1850, nothing exciting. The market will probably close below 1.1900.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #586 on: November 16, 2020, 02:34:59 PM »
The consolidation clearly continues this week as well. It may stretch into next year.

Offline fxopen78

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Re: EUR/USD
« Reply #587 on: November 16, 2020, 11:30:00 PM »
Reading the McGinley indicator, EURUSD now in an uptrend, because price above the line, on range 4 month, the price in a sideways wide range, support around 1.15000, resistance 1.2000

Offline Eliza Abrams

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Re: EUR/USD
« Reply #588 on: November 17, 2020, 03:34:13 PM »
I hope so. The consolidation has lasted long enough already. :(

Offline Eliza Abrams

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Re: EUR/USD
« Reply #589 on: November 18, 2020, 03:04:26 PM »
It is still testing 1.1870. This week there will be no changes again, will there be?

Offline Eliza Abrams

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Re: EUR/USD
« Reply #590 on: November 19, 2020, 04:54:28 PM »
It bounced off from 1.1890 and is currently depreciating yet again. Do you guys think the consolidation will last into next week?

Offline fxopen78

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Re: EUR/USD
« Reply #591 on: November 19, 2020, 10:36:47 PM »
Just wondering on this morning, I see the price EURUSD formed long wick on H1 and also can see on M15 after a price moves down, then push up and figured long wick, it's Pin bar in technical trading, usually assign reversal, but let see what happen the next

Offline drunkfx

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Re: EUR/USD
« Reply #592 on: November 20, 2020, 07:23:13 AM »
Just wondering on this morning, I see the price EURUSD formed long wick on H1 and also can see on M15 after a price moves down, then push up and figured long wick, it's Pin bar in technical trading, usually assign reversal, but let see what happen the next

EURUSD should feel some downside pressure as stocks are matured for correction and usd is inversely correlated with stocks, especially during sharp moves (wave of risk-on and risk-off).

Offline Eliza Abrams

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Re: EUR/USD
« Reply #593 on: November 23, 2020, 02:02:18 PM »
Perhaps. For now it is moving north by the looks of it.

Offline fxopen78

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Re: EUR/USD
« Reply #594 on: Yesterday at 12:09:38 AM »
Price drop drastically land to 1.17995 on the chart my broker, but at present, the price back to rebound to 1.18381 
It's possible the price move on the range previous daily.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #595 on: Yesterday at 03:24:36 PM »
It's less than a 40 pips drop within a sideways consolidation, I don't think it's that drastic. These movements are normal during range.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #596 on: Today at 03:45:08 PM »
The move north continues for now, it will likely reach 1.2000, but let's see whether it will break out above that level.

 

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