EUR/USD

Moderators: xard777, mrtools, Banzai

Re: EUR/USD

#981
The pair is climbing up toward 1.2000 but it is yet to break out above that level. If it does we may see a big rally before the end of 2020! :D


Re: EUR/USD

#983
It has almost reached 1.2100. Let's see whether it will manage to breakout above that level too.

LikeRe: EUR/USD

#984
Hi mlawson71 ,

Even i Trade EURUSD a lot any suggestion where the trend is going to go as per your analysis supported with your Charts if possible please also are you scalper , swing trader or long time investor

Re: EUR/USD

#985
Hi. I hope you have found my comments helpful.
As for what type of trader I am, I am mostly a day trader, I don't like holding positions open for a long time unless I am seeing a very obvious impulse.


Re: EUR/USD

#986
It closed after bouncing off from 1.2180. Let's see whether next week it will break out above 1.2200.

Re: EUR/USD

#987
The pair has formed a shooting star candlestick at 1.2180 on the daily time-frame. Normally that is a signal for a move south, but the pair remains bullish for now. The new daily candlestick looks like a hanged man but it hasn't closed yet, so we will have to wait and see how it develops.

Re: EUR/USD

#988
It has marginally bounced off from 1.2180 and dropped back to 1.2100, a breakout below that level may confirm the move north is over for the moment, although the pair remains bullish.

Re: EUR/USD

#989
The pair dropped below 1.2100, next target is, I think, at 1.2050, as it remains quite bearish.