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Author Topic: EUR/USD  (Read 128455 times)

Offline drunkfx

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Re: EUR/USD
« Reply #600 on: November 30, 2020, 04:24:14 AM »
It is pushing north again, let's see whether it will finally reach 1.2000!

Yeah OTC EURUSD indicated it will break 1.20 on Monday. Very high chances for it. I think the next target is 1.25

Offline Eliza Abrams

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Re: EUR/USD
« Reply #601 on: November 30, 2020, 03:51:56 PM »
It is pushing north again, let's see whether it will finally reach 1.2000!

Yeah OTC EURUSD indicated it will break 1.20 on Monday. Very high chances for it. I think the next target is 1.25

I hope you are right, so far it is still struggling to reach that level.

Offline fxopen78

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Re: EUR/USD
« Reply #602 on: November 30, 2020, 11:33:54 PM »
The previous day this pair formed a bears candle eventually, but the trend seems still bullish, if use moving average, the line can be dynamic support and possible the price continuation trend

Offline Eliza Abrams

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Re: EUR/USD
« Reply #603 on: December 01, 2020, 03:44:07 PM »
It broke out above 1.2000! It finally broke out above 1.2000! We will finally see some proper movement north!

Offline drunkfx

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Re: EUR/USD
« Reply #604 on: December 02, 2020, 02:44:52 AM »
Yeah it was expected decision. I think dollar is really weak in medium term as the Fed was the only Central Bank which signalled that rates will be low for a long time. It's a key factor of pressure on USD.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #605 on: December 02, 2020, 04:20:04 PM »
It is almost at 1.2100. Do you think it will break out above that level or it will retrace to test the breakout before it rallies again?

Offline fxopen78

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Re: EUR/USD
« Reply #606 on: December 02, 2020, 11:55:30 PM »
Seems USD weaken, two weekly candles formed strong bullish,
but pay attention to NFP news later.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #607 on: December 03, 2020, 03:25:12 PM »
It's incredibly bullish, the pair will likely soon reach 1.2100.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #608 on: December 04, 2020, 04:10:37 PM »
It rallied above 1.2100 and it will likely break out above 1.2150 too.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #609 on: December 07, 2020, 03:08:23 PM »
There is a shooting star candlestick at 1.2180 on the daily time frame but the pair is still quite bullish. We will have to wait and see whether this is a reliable signal for a move south or not.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #610 on: December 08, 2020, 04:33:04 PM »
It has marginally bounced off from 1.2180 and is back at 1.2100, if it drops below that level we may see some correction.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #611 on: December 09, 2020, 03:46:59 PM »
EUR/USD dropped below 1.2100 and remains bearish. Next target is likely at 1.2050.

Offline fxopen78

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Re: EUR/USD
« Reply #612 on: December 09, 2020, 11:56:44 PM »
EURUSD formed like a flag, its possible price bounce to fall then arise and make new high
the price still above the MA line indicates as bulls market trend

Offline Eliza Abrams

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Re: EUR/USD
« Reply #613 on: December 10, 2020, 03:21:34 PM »
It dropped to 1.2060 and rebounded from it as I suspected it may. Next target is likely 1.2150 again.

Offline drunkfx

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Re: EUR/USD
« Reply #614 on: December 11, 2020, 04:25:00 AM »
It dropped to 1.2060 and rebounded from it as I suspected it may. Next target is likely 1.2150 again.

You change your views at the same rate as EURUSD changes but with a lag ;). Human moving average  :o ?

 

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