EUR/USD
Member Since Nov 09, 2018
212 posts
Feb 13, 2019 at 09:53
The U.S. news will be today later: Consumer Price Index, Building Permits, Crude Oil Inventories.
But technically, I see a continuation of the upward movement as the correction after the fall of EUR/USD.
But technically, I see a continuation of the upward movement as the correction after the fall of EUR/USD.
#AnthonyWins
Member Since Nov 09, 2018
212 posts
Feb 15, 2019 at 14:06
EUR/USD amplitude narrowing indicates the further momentum. The price is around 1.1294 support. If the level of 1.12940 is broken, then a further impulse will be directed down to 1.12137 support and below, to 1.11150. The level of 1.13904 will be a resistance in the case of bullish.
#AnthonyWins
Member Since Dec 18, 2018
47 posts
Feb 17, 2019 at 07:38
The closest is the 20 DMA at 1.1365. The Momentum indicator heads lower in negative levels and at its lowest for this year, while the RSI lacks directional strength, consolidating around 40.
Member Since Nov 09, 2018
212 posts
Feb 18, 2019 at 12:33
The EUR/USD level of 1.1294 was broken and the currency pair is going to reach 1.1339 resistance. This point will be an important level for EUR/USD and it may back to 1.1294 support.
#AnthonyWins
Member Since Nov 20, 2018
11 posts
Feb 19, 2019 at 11:39
I am not sure it will reach all the way back to 1.1339. Price seems to stall now. I am going short if there is a hammer on M15 forming. Target will be the 1.1294
Member Since Nov 09, 2018
212 posts
Feb 20, 2019 at 13:02
According to the upward trend, the further movement on EUR/USD will be rising. But I see the opportunity to test a 1.12940 support level if 1.13329 will be breached.
#AnthonyWins
Member Since Dec 31, 2018
11 posts
Feb 21, 2019 at 07:14
I do not understand what you mean. 1.1294 is below 1.13329. What would a break of 1.13329 mean that price will fall to 1.12940
Member Since Apr 06, 2018
254 posts
Feb 21, 2019 at 07:49
I am bullish on EURUSD open position on 1.1337 with trailing stop of 60pips.
The market will trade through it’s path of least resistance .
Member Since Nov 09, 2018
212 posts
Feb 22, 2019 at 07:23
EURUSD will have a chance to fall if the upward trend will be broken. The support level on the low of 1.1276. In the case of growing and trend continuation, the resistance will be 1.1369.
#AnthonyWins
Member Since Feb 21, 2019
11 posts
Feb 22, 2019 at 07:26
Good luck with that. Eurusd looks like it is pulling back from a down turn to me. I expect price will fall sooner or later. Not much upside in my view. Why do you think price will rise?
Member Since Feb 22, 2019
11 posts
Feb 24, 2019 at 07:32
Nothing to trade on eurusd today or yesterday or day before that. better off shut down and go outside
Member Since Apr 06, 2018
254 posts
Feb 26, 2019 at 14:46
CheCheChe posted:
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330. Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time
I agree with you that markets range 80% of the time but the issue here is
1.How you define a range bound market.
2. What is the definition of range it is 30 pips or 300 pips?
3. What will you do if the market starts trending?
The market will trade through it’s path of least resistance .
