EUR/USD broke out above 1.1870 and continues moving to the upside. Next week it will probably rally towards 1.2035.
Just a quick come back post for any learners.
Back exactly one month there was a warning re Head & Shoulders on Eur/Usd daily this thread - it was visible for all to see, therefore it was wise to sell, the pattern was “well formed” for all to see.
If you click on the weekly, and go back 4 weeks - check what did happen since that time.
The lesson is simple, do not trade what you see.
Again for learners, the chart posted back one month, check it closely, see the break of the neckline, it was clear.
Then the next day on that break - see what happened the shorts:
Eur/Usd enter correction mood after bullish trend, there are still room on the upside, next key resistance level at 1.20.
On the last Friday’s session, the EURUSD rallied with a wide range and closed near the high of day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), a daily support at 1.1829, the 10-day moving average at 1.1796 (support).
EUR/USD found some resistance at 1.1960 and bounced off from it, but that is likely temporary. If the move to the upside continues the pair will probably rally above 1.2000.
EUR/USD maked today a fresh two-months high at 1.1960, but retreated to currently trade at 1.1900. Despite the pullback retains its bullish stance in the short term. Bearish danger could be seen only if the pair meets the immediate support at 1.1890.
On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
Bearish correction movement extended below 1.1900 level, but upward potential remains.
The euro recorded a volatile session against the dollar on Monday. Ultimately, trade ended in favor of the US currency. If the bullish moods prevail, the pair will test the resistance at 1.1979 soon. The new week started at 1.1924, and the trend was upwards at the beginning. After the peak of the day was hit at 1.1960, the direction changed and the final was set at 1.1897.
Support: 1.1711; 1.1666;
Resistance: 1.1979; 1.2003;
EUR/USD is short term bearish, beyond 1.1860 the corrective mode might extend towards 1.1830-1.1820.
On yesterday session, the EURUSD fell with a wide range and closed near the low of the range, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
The single currency lost positions against the dollar on Tuesday. The euro did not meet the positive expectations and fell for the second consecutive day. Thus, the breakthrough of resistance at 1.1979 was postponed. It is expected soon that the price is adjusted in favor of the euro. The session started at 1.1897 and the final was 60 pips down. The trend was mostly of bearish character, as the bottom of the day was hit at 1.3221.
EUR/USD stepped lower, but found support at the 50% Fibo of latest Spetember to early November bearish slope at 1.1820. Currently the pair is flirting with 1.1860 level and seems that bulls do not surrender.
What is the point of this thread?!? Why is it still running?
Love the fact that someone wants to involve themselves in a thread which has some antiquity 
why not try to contribute, instead of criticisng those who do ? 
Your opinion will be noted and related back to the underlying instrument, as the others are - AT least people are prepared to express an opinion ! 
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It’s wasted breath, Falstaff: have you not noticed that the thread posts are written by algos posing as humans? What kind of ‘opinion’ is that?! Of course one should be critical! It is bad, very bad …I have every right to ask!!
WHAT ?
Do you mean even :-
Is just a doll with someone pulling her strings ?
Why would anyone want to put together a piece of rubbish like what you suggest ?
Is she just a painting on the wall ?
Time to call in “The ministry of Truth” ( 1984 ) methinks !
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Yes, it is a pointless post… it is like looking out of the window and saying: ‘Sunny with spots of cloud: the rest of the day may see rain, unless the sun prevails’.
It is just cyber-filler, a bunch of words churned out again and again on this thread, with no interaction, no proof of personal involvement/trading, zero value.
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