pradegxs Posted July 3, 2021 Posted July 3, 2021 Still holding long positions at EURUSD with Hotforex I think USD strengthening will be temporary as traders are looking for yield and they tend to dump USD and buy other currencies.
mlawson71 Posted July 4, 2021 Posted July 4, 2021 It closed at 1.1865, next week we may see it rallying to 1.1900.
mlawson71 Posted July 5, 2021 Posted July 5, 2021 It remains bullish this week, it will likely reach 1.1900 soon.
mlawson71 Posted July 7, 2021 Posted July 7, 2021 It is depreciating after it broke out below the double bottom it had formed. I should've had more confidence in my analysis.
mlawson71 Posted July 8, 2021 Posted July 8, 2021 It dropped to 1.1784 and bounced off of it, though the move south will likely eventually continue.
mlawson71 Posted July 9, 2021 Posted July 9, 2021 It's climbing back up toward 1.1900 for now, let's see whether that resistance will hold.
mlawson71 Posted July 13, 2021 Posted July 13, 2021 The market is undecided, it's stuck in a sideways consolidation.
mlawson71 Posted July 14, 2021 Posted July 14, 2021 I think it is still very undecided and stuck in the range. For now it's climbing back toward 1.1850.
mlawson71 Posted July 15, 2021 Posted July 15, 2021 It depreciating back toward 1.1800 now. It's stuck in a sideways range alright.
mlawson71 Posted July 16, 2021 Posted July 16, 2021 It's testing the support at 1.1800, let's see whether it would drop below that level eventually.
mlawson71 Posted July 19, 2021 Posted July 19, 2021 It's testing 1.1770 - 1.1750 again. We'll see this week whether it will drop below that level finally.
mlawson71 Posted July 20, 2021 Posted July 20, 2021 The range continues for now though and there is no indication for a breakout for the moment.
mlawson71 Posted July 20, 2021 Posted July 20, 2021 The range continues for now though and there is no indication for a breakout for the moment.
mlawson71 Posted July 21, 2021 Posted July 21, 2021 Hopefully the fundamentals this week do cause a breakout because the range has lasted long enough already.
mlawson71 Posted July 22, 2021 Posted July 22, 2021 It remains undecided still. So much about the range ending this week.
mlawson71 Posted July 23, 2021 Posted July 23, 2021 1.1760 - 1.1770 is a very strong support, I doubt we will see a breakout this week.
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