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EURUSD 4H NEW FORECAST
Key Level to Watch: 1.0870
This is the pivot point, meaning it's a crucial level where the price may decide whether to continue upwards or start declining.
If the price stays above 1.0870, it suggests a bullish trend (price increase).
If the price falls below 1.0870, it suggests a bearish trend (price decrease).
If EUR/USD Stays Above 1.0870 → Bullish Scenario (Price Increase)
If the price holds above 1.0870, it signals strength and a possible upward move.
The next resistance levels (price targets) are:
1.0930 → First target
1.0960 → Second target
1.1000 → Third target (strong resistance)
Break & Hold above 1.0930 confirms further bullish momentum.
If EUR/USD Drops Below 1.0870 → Bearish Scenario (Price Decrease)
If the price breaks below 1.0870 and stays lower, the trend may turn bearish.
The next support levels (price targets for a decline) are:
1.0830 → First support level
1.0800 → Second support level (strong support)
Break & Hold below 1.0800 would confirm a deeper decline.
How to Use This Analysis
If you are trading long (buying), you should look for confirmation above 1.0870 and target 1.0930, 1.0960, and 1.1000.
If you are trading short (selling), you should watch for a breakdown below 1.0870 and target 1.0830 and 1.0800.
Confirmation is important—a price must hold above/below these levels for a clear trend.
Summary
Above 1.0870 → EUR/USD moves up toward 1.0930, 1.0960, and 1.1000.
Below 1.0870 → EUR/USD moves down toward 1.0830 and 1.0800.
Break of 1.0930 → Confirms stronger bullish momentum.
Break of 1.0800 → Confirms stronger bearish momentum.
EURUSD 4H NEW FORECAST
Key Level to Watch: 1.0870
This is the pivot point, meaning it's a crucial level where the price may decide whether to continue upwards or start declining.
If the price stays above 1.0870, it suggests a bullish trend (price increase).
If the price falls below 1.0870, it suggests a bearish trend (price decrease).
If EUR/USD Stays Above 1.0870 → Bullish Scenario (Price Increase)
If the price holds above 1.0870, it signals strength and a possible upward move.
The next resistance levels (price targets) are:
1.0930 → First target
1.0960 → Second target
1.1000 → Third target (strong resistance)
Break & Hold above 1.0930 confirms further bullish momentum.
If EUR/USD Drops Below 1.0870 → Bearish Scenario (Price Decrease)
If the price breaks below 1.0870 and stays lower, the trend may turn bearish.
The next support levels (price targets for a decline) are:
1.0830 → First support level
1.0800 → Second support level (strong support)
Break & Hold below 1.0800 would confirm a deeper decline.
How to Use This Analysis
If you are trading long (buying), you should look for confirmation above 1.0870 and target 1.0930, 1.0960, and 1.1000.
If you are trading short (selling), you should watch for a breakdown below 1.0870 and target 1.0830 and 1.0800.
Confirmation is important—a price must hold above/below these levels for a clear trend.
Summary
Above 1.0870 → EUR/USD moves up toward 1.0930, 1.0960, and 1.1000.
Below 1.0870 → EUR/USD moves down toward 1.0830 and 1.0800.
Break of 1.0930 → Confirms stronger bullish momentum.
Break of 1.0800 → Confirms stronger bearish momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.