Re: EUR/USD

711
Jumbo wrote: Mon Nov 11, 2019 7:14 am

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 return there before a trend occurs.

Be careful with shorts!

We can easy test 1.1182 again before market drop to
1.0960 and my final target 1.08389 where is a nice place to buy again for some xxx Pips.
Decision Point is 1.09908 UP or DOWN.
Upward Target is 1.12684 for larger retraces.

Watch my levels on my chart and tell me what you see in some weeks.
EURUSD

1.09908 (drawdown 1 Pip) target was reached for the expected bounce to 1.1080/2


Re: EUR/USD

712
Well, so much about a breakout below 1.1000 for now. EUR/USD formed a spinning top on the daily time-frame at that level and bounced off from it, by the looks of it the pair will rally to 1.1075.

Re: EUR/USD

715
mlawson71 wrote: Tue Nov 19, 2019 3:52 am The pair remains quite bullish so I think we will, indeed, see it rally to 1.1100 soon and it may even break out above it.
EURUSD Update:

EUR/USD reached my target 1.1080 and we have to wait where the daily close will be. Anyway i booked some pips profit - and i posted it before it happened.

Best regards


Re: EUR/USD

716
Jumbo wrote: Tue Nov 19, 2019 8:46 am

EURUSD Update:

EUR/USD reached my target 1.1080 and we have to wait where the daily close will be. Anyway i booked some pips profit - and i posted it before it happened.

Best regards
Excellent work. I was thinking about your analysis last week when price was heading up yesterday :clap:
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Re: EUR/USD

717
Jumbo wrote: Tue Nov 19, 2019 8:46 am

EURUSD Update:

EUR/USD reached my target 1.1080 and we have to wait where the daily close will be. Anyway i booked some pips profit - and i posted it before it happened.

Best regards
It's still heading up! Good call mate. Do you think it'll resume that downtrend again soon? Or will we see more movement to the higher regions? :thumbup:

Re: EUR/USD

719
mlawson71 wrote: Wed Nov 20, 2019 4:10 am We will have to wait and see whether EUR/USD breaks out above 1.1080 to rally to 1.1100 but if it does the move north may continue, I think.
it look's like 1.1008 and a little below if we stay below 1.1080. shorting in direction 1.1008