mlawson71 Posted January 30, 2022 Report Share Posted January 30, 2022 With the marketing opening soon again we will likely see a further move south. Link to comment Share on other sites More sharing options...
mlawson71 Posted January 31, 2022 Report Share Posted January 31, 2022 It bounced off 1.1120 as I suspected it may, but this may be just a pullback to attempt a new breakout of that support level. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 1, 2022 Report Share Posted February 1, 2022 It rallied back above 1.1240. It looks like the range will continue yet again. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 2, 2022 Report Share Posted February 2, 2022 It's back in the range and it may rally back toward 1.1380, unfortunately. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 3, 2022 Report Share Posted February 3, 2022 It rallied back to 1.1450 and it remains quite bullish. Let's see whether it will climb above 1.1480. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 4, 2022 Report Share Posted February 4, 2022 It tested 1.1480 again but it is yet to break out above that level. If it does, I may open a new long position. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 6, 2022 Report Share Posted February 6, 2022 Let's see how it will develop next week. Link to comment Share on other sites More sharing options...
elena980 Posted February 7, 2022 Report Share Posted February 7, 2022 The EUR/USD pair quickly switched a to the front European meeting plunge to sub-1.1300 level and spiked to roomy multi-day tops, in the district of the 1.1330 areas as of now. The pair got a few speedy offers at the start of a further exchanging week and underlying the area of Friday's goodish ricochet from three-month lows along together as well as the predominant selling inclination encompassing the US Dollar. Developing hopefulness resulting to again accumulation continue in the US-China exchange talks kept the USD bulls upon the protective and was viewed as one of the key variables pushing the pair far away-off ahead through the mid-European meeting upon Monday. In the interim, dissipate members presently appeared to have completely processed Friday's downbeat explanation by ECB board fan Benoit Coeure, saying that the district's log jam had been more profound and more extensive than expected. Coeure's clarification added hosed expects a first ECB digestion rate climb this year yet fruitless to impede the continuous at the very front development, yet it is not yet clear assuming the pair can security the strength or rapidly run out of steam at future levels. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 7, 2022 Report Share Posted February 7, 2022 It's struggling to break out above 1.1480. It looks suspiciously like a double top, unfortunately. I hope that is not the case, because if it is that would mean a new move south. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 8, 2022 Report Share Posted February 8, 2022 It looks like it bounced off from 1.1480, which proves to be a pretty stubborn resistance, so for now it's still stuck in the range. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 9, 2022 Report Share Posted February 9, 2022 It's stuck consolidating around 1.1430. Since it's still within the range we may see yet another move south soon. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 10, 2022 Report Share Posted February 10, 2022 EUR/USD is testing 1.1480 again, we may finally see a breakout to the upside, perhaps. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 11, 2022 Report Share Posted February 11, 2022 It's moving south now that it's bounced off of 1.1480. Clearly the range is not nearly over. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 12, 2022 Report Share Posted February 12, 2022 It dropped to 1.1340, next week we may see it depreciate even further. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 14, 2022 Report Share Posted February 14, 2022 As I thought, the move south continues. Next target is likely around 1.1220. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 15, 2022 Report Share Posted February 15, 2022 It bounced off from 1.1300 and is now slowly moving north but I doubt that will last long. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 19, 2022 Report Share Posted February 19, 2022 Well, it closed at 1.1325. Hopefully next week it will fall below 1.1300 at least. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 20, 2022 Report Share Posted February 20, 2022 Let's see how it will develop next week. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 21, 2022 Report Share Posted February 21, 2022 It is bearish at the moment, but it is yet to break out below 1.1300, if it does at all, what with this range still going on. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 22, 2022 Report Share Posted February 22, 2022 The range is getting tighter, that often is a good indication the pair may have a breakout, finally. Link to comment Share on other sites More sharing options...
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