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Re: EUR/USD

#791
The double top did remain and EUR/USD depreciated back toward 1.1070. I think it will continue falling to 1.1050.


Re: EUR/USD

#792
EUR/USD has been testing 1.1070 repeatedly for weeks, let's see when it will finally break out below it.

EURUSD Technical Analysis: rising odds for a test of 1.1000 (and below)

#793
mlawson71 wrote:
Thu Nov 07, 2019 3:20 am
EUR/USD has been testing 1.1070 repeatedly for weeks, let's see when it will finally break out below it.
I wonder if this double top will fall futher?

EUR/USD Technical Analysis: rising odds for a test of 1.1000 (and below)

  • EUR/USD remains under pressure and is now flirting with the key 55-day SMA in the 1.1040 region.
  • A breach of this key area of contention should pave the way for a move to the psychological support at 1.1000 the figure in the short-term horizon.
  • Further south aligns the 1.0920 region ahead of the 2019 low at 1.0879.

EUR/USD daily chart

eurusd-daily-chart-stuck-on-55ma-after-double-top.png

eurusd-levels-november-8-2019.jpg
Source: https://www.fxstreet.com/news/eur-usd-t ... 1911080948
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Re: EUR/USD

#794
EUR/USD dropped to 1.1020 and it remains very bearish. I think we may see it depreciate below 1.1000 soon.

Re: EUR/USD

#795
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
EURUSD.PNG


Re: EUR/USD

#796
Jumbo wrote:
Sat Nov 09, 2019 4:59 am
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
Yes, agreed! Great analysis and chart photo :thumbup:
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Re: EUR/USD

#798
Jumbo wrote:
Sat Nov 09, 2019 4:59 am
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
I agree with you completely.
EUR/USD is very bearish and next week the move south will likely continue.

Re: EUR/USD

#799
I can't wait for the market to open in a few hours again. Does anyone else expect a gap?

Re: EUR/USD

#800
mlawson71 wrote:
Sun Nov 10, 2019 2:37 am
Jumbo wrote:
Sat Nov 09, 2019 4:59 am


EUR/USD

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


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