EURUSD | Page 59520 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #1,190,381
  • Feb 4, 2021 8:25am Feb 4, 2021 8:25am
Quoting pointlessfor
{quote} {image}

You are my new guru!!!

I love your insight!!
  • #1,190,382
  • Feb 4, 2021 8:41am Feb 4, 2021 8:41am
Quoting PatienceFx
{image}
That buy order wasn't your smartest move.
  • #1,190,383
  • Feb 4, 2021 8:56am Feb 4, 2021 8:56am
year 2021 pa going well I see, hold it till 1.1601, take care
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 32 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,190,384
  • Feb 4, 2021 9:06am Feb 4, 2021 9:06am
Might be premature....but I started longing.....

Attached Image (click to enlarge)
Click to Enlarge Name: ad0c16927615be8fb8b5439e8d285802.png Size: 203 KB
  • #1,190,385
  • Feb 4, 2021 9:12am Feb 4, 2021 9:12am
EURUSD shouldn't be dropping this low, NZDUSD seems to be following in the same path as Eur. However we can see that these 2 have outpaced AUD and GBP and also USDCAD. This will end with eur and nzd coming back up or all other currencies dropping. Time will tell, however I'm seeing more people side with bearish, I will wait for signs of bullishness. I am still bull for this year
  • #1,190,386
  • Edited 10:01am Feb 4, 2021 9:45am | Edited 10:01am
Pa usdx , set for the bounce enough before a correction down to have a base to bounce enough !! same eurusd ( yearly high ) , likely yearly low done already, may retest though after , as in abc wave to impulse uP !take care
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly2.png Size: 36 KB
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,190,387
  • Feb 4, 2021 10:05am Feb 4, 2021 10:05am
Quoting chusma133
EURUSD shouldn't be dropping this low, NZDUSD seems to be following in the same path as Eur. However we can see that these 2 have outpaced AUD and GBP and also USDCAD. This will end with eur and nzd coming back up or all other currencies dropping. Time will tell, however I'm seeing more people side with bearish, I will wait for signs of bullishness. I am still bull for this year
possible & most likely though , it may bounce for the last time to confirm great reversal before correct yearly down , or may later as well!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,190,388
  • Feb 4, 2021 10:13am Feb 4, 2021 10:13am
Quoting Js3mwtRc
Good morning. EU bearish, support is at 2000/1995 and 1970, resistance at 2070/2100. Selling is prefered from upper levels, only a break of 2000/1995 will make more bears follow, but for long term this may be a trap, because EU is just correcting yet. The correlation stays the same - negative with USDCHF. US jobs report is later the main event. The eyes will also be at BoE IR decision.
1.1970 achieved, but looks like, it will fall further, but with London close and NFP tomorrow is a risk for any profits especially for the sells below 1.2000. We may see profit taking and more selling from tomorrow, or next week.

Next targets are at 1.1940 and 1.1923 above 1.1900 round number.
Looking for profitable short term trades ...|
  • #1,190,389
  • Feb 4, 2021 11:18am Feb 4, 2021 11:18am
If the stock market bubble is going to burst? The Vix suggest it may be soon.
I would give this consideration no matter what you trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Volatility Index_20210204_15.50.png Size: 81 KB
It's a big game.
  • #1,190,390
  • Feb 4, 2021 11:22am Feb 4, 2021 11:22am
Quoting Techanalyst
{quote} I was strictly mentioning on daily. Weekly and monthly 1.25 price target still stands. Totally different analysis on lower time frames like you and higher time frames like i analyze.
You and your "time frames". LOL
Regardless of the time frame, the price action going down to 1.195-1.197 before the next bull run back up to test the 1.234 high is the only real analysis. Any smart "long term" trader will short from the previous high (1.234), THEN go long from the mid 1.19s. Those "long term traders" buying in during the 1.21ish mini-bull run 1-2 weeks ago will either get stopped out or get hung on drawdown if they don't TP out early at the recent top (1.216-1.219). (I'm speaking according to what I saw then at the time. It was true.)
So, my gut (prophetic vision) from 1-2 weeks ago holds out true, yet again...
Even though I still didn't follow through with my actions...
Why is it so hard for me to believe what's going to happen??!!
It's because everybody else is trying to prove that it won't happen...
Anyway, get set now for some consolidation around 1.195-1.197 for a few days, then some bulls kicking in until 1.205-1.208 next week... Then after some more sideways range trading we'll see if downtrend continues to 1.16 or if bulls wanna test 1.2275-1.234 top first.
My gut says bulls will get their retest first... about 2-4 weeks from now.
We'll see...
You cannot fail if you never give up.
  • #1,190,391
  • Feb 4, 2021 11:41am Feb 4, 2021 11:41am
Long Term (Coming Months) I'm still Bullish on the Euro however this looks to be a decent pullback. Once it started cracking the daily trend-line that was holding some support the last 2 days, I exited my longs and entered short at 1.1987. I would love to see a drop to the yearly pivot level right around 1.1700 (Blue Line) and look for buying opportunities in that area. This looks like profit taking around the decade pivot level (Yes, I calculate 10 year pivot levels on my own. from 2010 to 2019 H.L.O.C) Take a look at the second image with the daily zoomed out with decade pivots. EUR/USD was bottoming out on the median level and trended up to the decade Pivot level beautifully, so i suspect large traders, financial institutions unloading longs/profit taking and taking a breather.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sell.jpg Size: 150 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EU Levels.jpg Size: 121 KB
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #1,190,392
  • Feb 4, 2021 11:48am Feb 4, 2021 11:48am
1958-64 accumulation seems happening.. Smart money watch retailers position always.. 1985 level almost 8 times price hit 1995 so almost a difference of 80 pips.. Any entry if get profit should book, else get screwed..
  • #1,190,393
  • Feb 4, 2021 12:07pm Feb 4, 2021 12:07pm
Quoting 7154Superman
{quote} You and your "time frames". LOL Regardless of the time frame, the price action going down to 1.195-1.197 before the next bull run back up to test the 1.234 high is the only real analysis. Any smart "long term" trader will short from the previous high (1.234), THEN go long from the mid 1.19s. Those "long term traders" buying in during the 1.21ish mini-bull run 1-2 weeks ago will either get stopped out or get hung on drawdown if they don't TP out early at the recent top (1.216-1.219). (I'm speaking according to what I saw then at the...
Everyone is following charts and fundamentals. Well most of the traders. You are predicting on a small time frames, earning pennies. I analyize on big time frames daily, weekly and monthly big serious money. That is the difference between me and you.
  • #1,190,394
  • Feb 4, 2021 12:22pm Feb 4, 2021 12:22pm
I think that we finally saw the low of the day.

I also HOPE that we will have a retracement to at least 1.20190 or something. We will see tomorrow.
  • #1,190,395
  • Feb 4, 2021 12:43pm Feb 4, 2021 12:43pm
let's go now.
Attached Image
  • #1,190,396
  • Feb 4, 2021 1:02pm Feb 4, 2021 1:02pm
Quoting ChiForex
It looks establishing above 1.20 but US session will say... I prefer seeing it base above 1.2040 then 1.2060 for possible reversal. Around 1.1970 major turning point, if gives up we might go way down. Bulls might be protecting it by first protecting 1.20
Failure to base above 1.2040, made it fall down.
A daily close below 1.1955 will make it slide to 1.1900s

A weekly close below 1.1970 might expose 1.1900s all the way toward 1.1780s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,190,397
  • Feb 4, 2021 1:32pm Feb 4, 2021 1:32pm
Pair still wants to fall.

I think that there is a 90% probability that it will fall further during the asian session.
  • #1,190,398
  • Feb 4, 2021 1:33pm Feb 4, 2021 1:33pm
Quoting NrSLionHeart
Pair still wants to fall. I think that there is a 90% probability that it will fall further during the asian session.
of course..they need retailers clean out stop losses lol
  • #1,190,399
  • Feb 4, 2021 2:10pm Feb 4, 2021 2:10pm
Quoting Techanalyst
{quote} Everyone is following charts and fundamentals. Well most of the traders. You are predicting on a small time frames, earning pennies. I analyize on big time frames daily, weekly and monthly big serious money. That is the difference between me and you.

Hey, 7154 Superman. Techanalyst called it yesterday that price would be going to 1.1966. I looked and the daily confirmed his analysis. I go one further and say that dxy will stall out just above 92. and 1.1920 could be the next point for the EUR. IMO Thanks Techanalyst great call. Made a few K in futures.
  • #1,190,400
  • Feb 4, 2021 4:43pm Feb 4, 2021 4:43pm
guys.... I forgot it is NFP Friday... and I loaded up longs... omg haha. time to pray lol
410 traders viewing now