Thread: EUR/USD analysis

The EUR/USD managed to form pretty strong support and now it's going up little by little. I feel like opening a buy here with a wide SL.

The EUR/USD made a little pull-back and it was quite a good opportunity for the bulls, but now it's going down again, so I'm selling.

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The EUR/USD has a lot of pull-backs, but still the chart was going up during the previous week. Maybe we'd better join the bulls here.

I believe that the Euro continues to lose value in the meantime, and a break below the lows of the Tuesday could be a nice selling opportunity down to the 1.05 handle. I don’t have any interest in buying this market until we get above the 1.07 level, and on a daily close.

Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.0870 or 1.0822.

The EUR/USD pair rallied on Tuesday, breaking above the significant 1.10 level.

it is ready to continue going higher and I think that the longer-term target is going to be the 1.12 level above. Short-term pullback should be supported at the 1.10 level, as it was previously resistive, and should now be supportive.

That may have to wait until we get a shift in overall sentiment at this point. I think there is a lot of noise between here and the 1.12 level, so it will be a “buy on the dips” type of market on short-term charts.