The pair tested major support but succeeded to bounce and currently is trading slightly above it at 1.2106. The 1.2100 level is considered as extremely significant due to the fact that it represents highs from 2015 and 2017. On one hand this cound be good tirning point with possible further move towards 1.2155 and then 1.2200. But on the other hand breaking below it would open doors for steeper decline with initial target the psychological 1.2000 handle.
Apr 27 2018 at 08:53
Testing the 20650 level on the weekly chart, some buyers like the double bottom, reasonable entry point to catch a few pips with tight stops, it being Friday I can't see much excitement..
"They mistook leverage with genius".
Apr 29 2018 at 12:57
Off topic ,here's a interesting web site :https://www.financialwisdomforum.org/gummy-stuff/gummy_stuff.htm
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"They mistook leverage with genius".
EUR/USD continues to slide towards the downside having crossed the 1.20 handle. The pair broke trough several significant technical levels during last two weeks and now its seems that bears are aming the 2018 low around 1.19.
EUR/USD is recovering from post-Fed lows. Short-trem technical are aiming higher and bulls will soon test 1.2050.
EUR/USD - few price tests on small time frames at 1.1968 (current) and seems the dollar is pushing, so we mays movement to 1.1940. Me personally will wait to find entry around 1.2000 :)
May 07 2018 at 11:07
Short and long view looks to upside for me. I bought at 1.1850 and will hold for 1.25
Indicators has entered oversold area and the next possible bearish target for EUR/USD is the strong support around 1.1840.
EUR/USD is on wait and see mode ahead of US CPI and is trading undisturbed around 1.1880. The pair might generate a rebound, according to indicators on H4, but only if advacing above 1.1900. Then this could be considered as a corrective recovery with next targets 1.1950 and the psychological 1.1200 mark. On the other hand the pair stands at risk for further declines with a break and close below the 1.1810 - 1.1790 area.
May 10 2018 at 12:22
It's in a 75 pip range ,needs some good figures/bad figures to move it out of this range,some scalps in between.
"They mistook leverage with genius".
