RusefSandi Posted February 18, 2019 Share Posted February 18, 2019 EUR/USD jumps to multi-hours of day tops, on the order of 1.1330 level Recovers supplementary from Fridays 3-month lows and remained sell bid for the second straight hours of hours of daylight. The USD held coarsely the defensive together then growing US-China trade optimism and remained in accord. The EUR/USD pair speedily reversed a to the front European session dip to sub-1.1300 level and spiked to spacious multi-day tops, in the region of the 1.1330 regions in the last hour. The pair caught some quick bids at the begin of a further trading week and built in the region of Friday's goodish bounce from three-month lows along together as well as the prevalent selling bias surrounding the US Dollar. Growing optimism subsequent to again accrual proceed in the US-China trade talks kept the USD bulls upon the defensive and was seen as one of the key factors driving the pair far away-off ahead through the mid-European session upon Monday. Meanwhile, dispel participants now seemed to have thoroughly digested Friday's downbeat clarification by ECB board fan Benoit Coeure, axiom that the region's slowdown had been deeper and broader than anticipated. Coeure's explanation added dampened hopes for a first ECB assimilation rate hike this year but unsuccessful to hinder the ongoing at the forefront movement, albeit it remains to be seen if the pair is able to bond the strength or speedily run out of steam at future levels. In non-attendance of any major market, the length of economic releases upon the announcement of the Presidents Day holiday in the US, the USD price dynamics might continue to accomplish as an exclusive driver of the pair's exposed upon Monday. 1 Link to comment Share on other sites More sharing options...
sebseb Posted March 28, 2019 Share Posted March 28, 2019 At this point, the 1.1250 level has been the beginning of support for some time, and a bit of a bounce should be somewhat expected. Link to comment Share on other sites More sharing options...
herman.lopez Posted April 29, 2019 Share Posted April 29, 2019 Signs are showing the EURO is decreasing in value against the U.S. dollar. Watch out, I'm going short for this pair. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 6, 2019 Share Posted July 6, 2019 I think EUR/USD will continue moving south next week until it reaches 1.1180. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 20, 2019 Share Posted July 20, 2019 As I thought, EUR/USD closed at 1.1220. The consolidation lasted this week too, hopefully next week we finally see a breakout. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 22, 2019 Share Posted July 22, 2019 EUR/USD is still stuck where it was last week, I think we'll probably see it return back towards 1.1280. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 23, 2019 Share Posted July 23, 2019 EUR/USD finally broke out below 1.1200 and is currently testing 1.1150, I think after a short correction it should continue depreciating. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 24, 2019 Share Posted July 24, 2019 The move south is slowly developing but it is yet to break out below 1.1100, it may not be able to this week. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 26, 2019 Share Posted July 26, 2019 EUR/USD continues moving south for now and it is about to test 1.1100. I am not sure whether there will be a breakout this week though. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 29, 2019 Share Posted July 29, 2019 It's still testing 1.1110, I am not opening another short without a proper breakout. Link to comment Share on other sites More sharing options...
mlawson71 Posted July 30, 2019 Share Posted July 30, 2019 GBP/USD is depreciating hard but EUR/USD is still stuck in its consolidation, let's see how long it will last. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 1, 2019 Share Posted August 1, 2019 The fundamentals pushed the pair below 1.1100 finally. It found some support at 1.1025 but it will probably continue depreciating. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 2, 2019 Share Posted August 2, 2019 It formed a very impressive hammer candlestick at 1.1025 on the daily time-frame, it looks like it is time for some correction. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 3, 2019 Share Posted August 3, 2019 The move north did begin as I thought it would, next target will likely be around 1.1200 again. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 5, 2019 Share Posted August 5, 2019 As I thought, EUR/USD rallied this week. It is already at 1.1200 and it will likely break out above it and continue towards 1.1300. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 6, 2019 Share Posted August 6, 2019 EUR/USD pulled back from 1.1250 and it's obvious the range is still in place but I think we will see it rallying again. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 7, 2019 Share Posted August 7, 2019 The move north continues as I thought, I wouldn't be surprised if it reaches 1.1300. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 8, 2019 Share Posted August 8, 2019 EUR/USD did form a very noticeable spinning top on the weekly time-frame at 1.1025, so I think the current move north may not be short-lived. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 9, 2019 Share Posted August 9, 2019 There's a downward consolidation below 1.1250 but I think that is just in preparation for the next move north. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 10, 2019 Share Posted August 10, 2019 In my opinion, the consolidation will probably continue through Monday before the pair begins another move north. Link to comment Share on other sites More sharing options...
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