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Eurusdforecast

EURUSD forecast and idea.In the continuation of the downward trend of the EURUSD, there is a possibility that after hitting the resistance lines (diagonal lines) we will see a return to the resistance zone. ------------------------------ ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends request any cryptocurrency pair, currencies pair for forex, and any index you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
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by Arash-RK
2
EURUSD Forecast: Price is reversing after the long dropHey trader, I hope you're having a profitable week! As you can see, the price is in a bullish uptrend that's trying to form the double bottoms 2nd leg. This reversal pattern usually triggers a 3-level uptrend. In this case, it will do so once the price has bullish broke and retested the patterns neckline (Mini Weekly Neckline) together with the 50 and bullish crossed short-term MA's. If that happens, the drop we've been seeing on the weekly and monthly timeframes will start to be recovered. But that might not happen. If the price bounces off the patterns neckline and 50 MA with a bearish reversal pattern that leads its price to bearish break and retest the bearish crossed short-term MA's, a downtrend will occur. That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts! Stay Blessed Baby, Sphatrades.
by Doji-2k1
EurUsd- Triangle's break to give us directionSince the 0.95 low two weeks ago, Euro bears seem to have lost power, and, after an initial reversal of 500 pips signaled by a Morning Start candle formation, bears couldn't take control again for a new low and the pair stopped its descent at 0.96 zone. Yesterday we have a strong green day and a close above 0.98 and, at this point 0.96 can be a confirmed higher low. Since mid-September EurUsd is drawing a symmetric triangle on our chart and the break could give us direction for the next few weeks into the end of the year. A break above 0.99 could lead to a long waited real correction for the pair with a target in 1.03-1.04 zone resistance and, on the other hand, a break back under 0.97 could lead to a new low.
by Mihai_Iacob
7