Page 105 of 129
Re: EUR/USD
Posted: Thu Apr 15, 2021 8:40 pm
by mlawson71
As I thought, it reached 1.2000. Now the question is whether it will break out above that level and rally to 1.2050 or drop back down.
Re: EUR/USD
Posted: Sat Apr 17, 2021 12:33 am
by mlawson71
It looks like we can't expect a breakout above 1.2000 this week.
Re: EUR/USD
Posted: Mon Apr 19, 2021 8:56 pm
by mlawson71
As I thought, the new week started and it rallied to 1.2040. There is a resistance at 1.2050, let's see whether it will bounce off from it.
Re: EUR/USD
Posted: Tue Apr 20, 2021 10:14 pm
by mlawson71
It did reach 1.2050 and it remains pretty bullish. Any theories how much higher it may rally?
Re: EUR/USD
Posted: Thu Apr 22, 2021 10:28 pm
by mlawson71
EUR/USD formed a pair of pinbars on the daily time-frame and there is a pretty strong resistance around1.2050, so the move north may end after all.
Re: EUR/USD
Posted: Fri Apr 23, 2021 11:40 pm
by mlawson71
The two pinbars on the daily time-frame looked like a reversal signal to me, but that was obviously not the case. The pair remains quite bullish.
Re: EUR/USD
Posted: Mon Apr 26, 2021 8:59 pm
by mlawson71
It's testing the resistance at 1.2100, I think it is quite possible for it to break out above that level this week.
Re: EUR/USD
Posted: Tue Apr 27, 2021 11:01 pm
by mlawson71
It's consolidating around 1.2080. I think this week we may still see a rally past 1.2100.
Re: EUR/USD
Posted: Fri Apr 30, 2021 11:51 pm
by mlawson71
It bounced off from 1.2150 and by the looks of it the pair will drop back to 1.2050.
Re: EUR/USD
Posted: Tue May 04, 2021 10:52 pm
by mlawson71
It's testing the support at 1.2025, do you guys think it will drop below that level.