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Author Topic: EUR/USD  (Read 147980 times)

Offline Eliza Abrams

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Re: EUR/USD
« Reply #720 on: March 26, 2021, 06:43:41 AM »
It dropped to 1.1760 and it remains quite bearish. Next week the move south will likely continue.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #721 on: March 29, 2021, 11:39:41 AM »
It's currently testing 1.1770 and it has formed something of a double bottom on the four-hour time-frame. We'll have to wait and see how it will develop.

Offline fxopen78

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Re: EUR/USD
« Reply #722 on: March 29, 2021, 11:50:59 PM »
It reached the last low at 1.1845 and it may be forming a double bottom. If it is we may see a new move north but a breakout is still possible, I think.
But what happens now, seems the endpoint wave not yet reached, the price still moves to continue to a downtrend, looking back at chart history, three candles monthly formed bearish candle, seems this is quite strong bearish, but in the daily timeframe, previous low not yet broken by current low.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #723 on: March 30, 2021, 12:18:14 PM »
The pair is definitely moving south, I agree. It broke out below 1.1770.

Offline fxopen78

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Re: EUR/USD
« Reply #724 on: March 30, 2021, 11:25:55 PM »
Thre price eventually  break and clear bearish formed, still hold for sell
but sometimes even though strong bearish, possible before continue they will retrace.

Offline drunkfx

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Re: EUR/USD
« Reply #725 on: March 31, 2021, 06:09:51 AM »
If stock market correction continues next week (very likely) then I think USD index will be able to break through 94 level. US currency benefits from anxiety in equity markets.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #726 on: March 31, 2021, 10:52:57 AM »
It dropped to 1.1700 as I thought it would but it has not broken out below that level. That is still certainly a possibility, I think.

Offline fxopen78

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Re: EUR/USD
« Reply #727 on: April 01, 2021, 01:45:09 AM »
Still entering in a consolidation phase, looking for a monthly timeframe, bearish pressure still dominated
but movement on daily, probably still on the previous range.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #728 on: April 01, 2021, 11:45:53 AM »
It's very bearish on the monthly time-frame. And the long-term target is around 1.1600, I think.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #729 on: April 02, 2021, 12:29:44 PM »
It is back at 1.1770 after bouncing off from 1.1700. Next week we may see some retracement before it continues dropping.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #730 on: April 03, 2021, 11:02:16 AM »
Well, it closed at 1.1760, about as undecided as it has ever been. Hopefully next week the picture will be clearer.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #731 on: April 05, 2021, 10:48:28 AM »
It's moving back south,we will likely see it drop to 1.1700 yet again but whether it will break out below that level is unclear.

Offline fxopen78

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Re: EUR/USD
« Reply #732 on: April 06, 2021, 12:23:07 AM »
Surprisingly, the pair move in bulls strong yesterday, figure out a bullish engulfing candle, maybe still continue to rising today, let see what happens later.

Offline Eliza Abrams

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Re: EUR/USD
« Reply #733 on: April 06, 2021, 11:12:33 AM »
I agree, it's quite bullish now. It rallied past 1.1800 and continues moving north, it may even reach 1.1850.

Offline fxopen78

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Re: EUR/USD
« Reply #734 on: April 06, 2021, 11:58:39 PM »
Strong bullish yesterday, but still in question today, sometimes if the pair moves a long way it's possible to take a rest,
but if based two last candles, it's a strong bullish trend.

 

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