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Re: EUR/USD

by: Jumbo
mlawson71 wrote: Sat Nov 09, 2019 4:25 am EUR/USD dropped to 1.1020 and it remains very bearish. I think we may see it depreciate below 1.1000 soon.
EUR/USD

a retrace to 1.10818 is the next move for next week. after 1.10818 retrace EURUSD will drop to 1.0960

Re: EUR/USD

by: Jumbo
I agree with you completely. EUR/USD is very bearish and next week the move south will likely continue. EURUSD my view On 21 October 2019, the interbankmarket opened and reached a high of 1,1183. Some brokers quote 1,1178 as a high. The markets are very sensitive to such quota differences and often...

Re: EUR/USD

by: Jumbo
The move south clearly continues for now. EUR/USD is at 1.1030 and will likely continue dropping to 1.1000. 1.1030/2 is current the selling area into 1.1008. It's end of year and be carefull with trading - we could see some strong moves the next days. EURUSD drop to 1.0838 should be visited. Here i...

Re: EUR/USD

by: Jumbo
Jumbo wrote: Mon Nov 25, 2019 6:46 pm

1.1030/2 is current the selling area into 1.1008. It's end of year and be carefull with trading - we could see some strong moves the next days. EURUSD drop to 1.0838 should be visited. Here is a place where bulls are waiting.
PREDICTED!

1.1030/2 to 1.008

Re: EUR/USD

by: Jumbo
EUR/USD formed a spinning top at 1.1075 on the daily time-frame and bounced off from that resistance. Naturally, the sideways consolidation continues. Nice! 90% of the markets are sideways. Big trend trading is 10% of the part and i don't watch TRENDS! TREND is your friend is a illusion. If you are...