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Re: EUR/USD

Posted: Fri Dec 18, 2020 3:34 am
by mlawson71
The pair remains quite bullish, next target is likely at 1.2300.

Re: EUR/USD

Posted: Fri Dec 18, 2020 5:25 am
by MayaxatL
This is what it looks like M ...?! We will see...

Re: EUR/USD

Posted: Sun Dec 20, 2020 4:39 am
by mlawson71
I've never been good at counting waves, to be honest, but that seems plausible to me.

Re: EUR/USD

Posted: Mon Dec 21, 2020 2:00 am
by mlawson71
Personally, I am preparing for a bit of a retracement when the market opens next week, before the move north continues.

Re: EUR/USD

Posted: Tue Dec 22, 2020 3:06 am
by mlawson71
It's currently retracing, which is normal after such a rally. There may be a bit of a correction this week.

Re: EUR/USD

Posted: Wed Dec 23, 2020 4:54 am
by mlawson71
It formed a pair of hanging man candlestick at 1.2270 on the daily time frame, which are a good signal that a correction is about to begin.

Re: EUR/USD

Posted: Thu Dec 24, 2020 4:02 am
by mlawson71
It bounced off from 1.2150, the pair remains quite bullish. It's likely we won't see much of a change during the holidays.

Re: EUR/USD

Posted: Fri Dec 25, 2020 2:50 am
by mlawson71
Merry Christmas, everyone!

Re: EUR/USD

Posted: Tue Dec 29, 2020 4:48 am
by mlawson71
The pair is stuck in a sideways range between the holidays, that was to be expected, really.

Re: EUR/USD

Posted: Wed Dec 30, 2020 4:15 am
by mlawson71
It's testing 1.2250 but I doubt we will see it break out above that level this week.