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Re: EUR/USD
Posted: Thu Mar 15, 2018 2:53 am
by bonifaas_abe
I think that If the Retails Sales don't under deliver, 1.2260 might be target of the day, which would create a new short term range: 1.2260 - 1.2340 for Thursday.
Re: EUR/USD
Posted: Sat Mar 17, 2018 2:25 am
by mlawson71
bonifaas_abe wrote: Thu Mar 15, 2018 2:53 am
I think that If the Retails Sales don't under deliver, 1.2260 might be target of the day, which would create a new short term range: 1.2260 - 1.2340 for Thursday.
That was a very accurate prognosis. It looks like it will rebound from 1.2260.
Re: EUR/USD
Posted: Wed Mar 21, 2018 2:27 am
by mlawson71
It's testing 1.2260 once again. Unless it forms a double bottom it may break out below that level.
Re: EUR/USD
Posted: Thu Mar 22, 2018 2:00 am
by bonifaas_abe
Currently the market is testing resistance at 1.2290. Waiting to see reversal signals to reinstate short positions, or otherwise the downward break of the 1.2240 support level.
1.2320 level would be the next important resistance
Re: EUR/USD
Posted: Thu Mar 22, 2018 2:23 am
by mlawson71
bonifaas_abe wrote:
Currently the market is testing resistance at 1.2290. Waiting to see reversal signals to reinstate short positions, or otherwise the downward break of the 1.2240 support level.
1.2320 level would be the next important resistance
I think it may reach 1.2320. It's quite bullish for now.
Re: EUR/USD
Posted: Fri Mar 23, 2018 2:38 am
by mlawson71
It bounced off from 1.2380 and is now back at 1.2300. It's obvious the long-term correction continues.
Re: EUR/USD
Posted: Tue Mar 27, 2018 12:26 am
by FrancoisT
EUR/USD - testing resistance around 1.2415 and seems is forming a king of flag formation and looks the market is preparing for a new EUR jump towards 1.2445/55
Re: EUR/USD
Posted: Sun Apr 01, 2018 11:38 pm
by mlawson71
The pair is range-bound for now, nothing will become clear until we see a breakout, hopefully next week.
Re: EUR/USD
Posted: Mon Apr 02, 2018 11:09 pm
by FrancoisT
EUR/USD - The market is sitting in one of those days when I have a feeling that starts to speak to me saying: "stitch off the terminals and take another beer"
Re: EUR/USD
Posted: Tue Apr 03, 2018 10:35 pm
by FrancoisT
EUR/USD - Choppy market today in a range around 50 pips. I would wait for a test around 1.2337/47 to find a setup for short term sell