EUR/USD formed a pair of hammer candlesticks at 1.0925 on the four-hour time-frame, which were a clear sign for a reversal. Next target is likely at 1.1000 again.
This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; EUR/USD formed a pair of hammer candlesticks at 1.0925 on the four-hour time-frame, which were a clear sign for a ...
EUR/USD formed a pair of hammer candlesticks at 1.0925 on the four-hour time-frame, which were a clear sign for a reversal. Next target is likely at 1.1000 again.
The move north is clearly continuing and I think we will see EUR/USD rallying above 1.1050.
EUR/USD rallied above 1.1050 and reached the resistance at 1.1085, let's see whether it will break out above it too.
EUR/USD formed a spinning top below 1.1085 but that does not necessarily mean a reversal. The move to the upside may still continue.
EUR/USD closed at 1.1025 below the spinning top, but the move north may still continue next week.
Sideways consolidation continues for now. It looks like it will be another slow Monday for EUR/USD.
EUR/USD forming multiple spinning top and shooting star candlesticks around 1.1085 on the daily time-frame, the move south may continue after all.
EUR/USD began depreciating as I thought it may, but it's yet to break out below the last low at 1.0925. Let's see whether it will do that or form a double bottom.
EUR/USD formed a double bottom after all, at 1.0925. There will likely be a new move north.
EUR/USD found some resistance at 1.1110 but I think next week the pair will likely continue moving north.
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