Eurusdanalysis
💡 EURUSD: Forecast January 8Sellers failed to penetrate the 1.0900 support level, a resistance level that includes an uptrend line. Prices created a notable doji candlestick pattern around this resistance level, hinting at the possibility of a price reversal. may return to the upward trend in price. Buyers can consider taking positions, SL is placed below 1.0900.
💡 EURUSD: Forecast January 9After creating a reversal signal around the lower border of the rising price channel, EURUSD increased slightly in the past session, but this move is still quite weak, not bringing about significant changes. If you follow the trend and have entered a buying position, you can continue to hold. SL placed below the price channel and target is around 1.1200.
Short Position on EURUSD-4HHello Traders !
This is the EURUSD Technical Viewpoint in The Long Term .
Following the most recent corrective move we experienced at the beginning of this month, we see the price rejecting a significant region of supply that is now serving as a resistance level at 0.9980.
We anticipate a further decline as we fell back below the 0.9880 support zone.
Risk Warning : Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
EURUSD : Long Trade , 4hHello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the specified support level after failing to break the resistance level. If the price cannot break this support level and stabilize itself above this level, we expect the price to grow again to the specified resistance level. Good luck.
EURUSD BUY NOW EUR/USD stays on the back foot and trades in negative territory below 1.0950 early Friday. Eurozone inflation data and the US jobs report for December, which will inlcude Nonfarm Payrolls and wage inflation figures, will be watched closely by investors.
EURUSD BUY NOW 1.09165
CONFIRM TARGET 1.09973
EURUSD TOWARDS BUYEUR/USD gained traction during the European trading hours on Thursday but struggled to extend its rebound in the second half of the day as rising US Treasury bond yields supported the US Dollar (USD). The pair stays on the back foot and trades in negative territory below 1.0950 as the market focus shifts to December jobs report from the US.
💡 EURUSD: Waiting NFPThe price recovered in the last session from the lower border of the rising price channel, however this move has not created any significant price increase signals, so this is still not a good time for buyers to return. You continue to observe to see if any new signals are created in this 1.09 confluence area.
💡 EURUSD: Forecast New Year The price continued to correct downward after being blocked at the 1.1200 resistance area. It is now approaching the 1.1000 conversion zone. You should pay attention to see if it creates a bullish signal here. If so, you can consider new buying positions following the uptrend. In case the price breaks this level, the next target will be around the lower border of the falling price channel.
EURUSD : Long Trade , 4hHello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has reached a resistance level, and after failing to break this level, it is pulling back to the support level. We expect the price to maintain this level and the price to grow again to the specified resistance level. Good luck.
EURUSD 1D Analysis
As we approach the conclusion of 2023 and transition into 2024, it's noteworthy that EURUSD is currently exhibiting an upward trend, having successfully breached the critical resistance zone around the 1.10447 level. The anticipation is that the price might sustain this positive momentum, with a potential retest of the key zone before continuing the uptrend.
Nevertheless, it's essential to consider the possibility of a price breakdown below the key zone, which could signify a shift from a bullish to a bearish trend.
I encourage you to share your thoughts and projections for EURUSD in 2024. Please feel free to comment below and contribute to the discussion.
💡 EURUSD: Forecast December 27EURUSD increased in price in the last session, the upward momentum was not strong enough to invalidate the doji pattern previously formed on the daily. Although this bearish model has been invalidated, suggesting the possibility that the uptrend will continue, the breakout force is not really strong, you should not buy at this time, need to wait patiently.
USDJPY I Testing monthly lows as traders stay bearishWelcome back! Let me know your thoughts in the comments!
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💡 EURUSD: Forecast December 26EURUSD has breached the 1.10 level, but we cannot yet consider this a breakout because selling pressure has also reappeared, shown by a notable Doji pattern on the daily frame. You temporarily stop trading, pay attention to the tops and bottoms of this model. If it breaks to the bottom, it will likely create a peak in the short term, and the reversal traders can consider returning. In case the price breaks the top of the pattern, meaning it has been invalidated and confirmed the breakout, then trend followers can consider entering an order and targeting the upper border of the rising price channel.