EURUSD Analysis 12Oct2023Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.
Eurusdforecast
EURUSD 3D Bearish Divergence 07/03/2021as you can see there is a bearish divergence with MACD which is the sign of trend reversal and the price has started its retracement to Fibonacci golden Zone
there are total of 3 TPs where 2TPs are the 50% and 61.8% of the Fibonacci retracements and the 3TP is for the upcoming impulsive wave and it has confluences with Fibonacci expansion -27%
EURUSD Analysis 1 Okt 2023I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.
EURUSD Analysis 18Sep2023Eurusd is still in the trend bearish. If you look at the formation of the bearish channel and the price responds positively to the trendline area and is currently corrected, there are two obstacles to return bullish, namely trendline that must be penetrated and minor high that can also be passed.
EURUSD Analysis 14Sep2023The prices are moving towards the base area, aligning with last week's analysis of EURUSD. Dxy's movements suggest that it may weaken soon, and currently, Eurusd is approaching the base area. This could indicate a potential reversal in the near future, although there is also a chance of a fake-out before the reversal occurs.
EURUSD Analysis 9Sep2023Last week the price responded well to the resistance area in the red line. There has been no sign of reversal until the market closing. There is a possibility that the bearish movement is limited, where the price will continue bearish with the target in the resistance area and the possibility in that area there is resistance. If you want to do a long, wait until the minor reversal is formed
EURUSD Analysis 1Sep2023Eurusd's movement is in accordance with last week's analysis, where prices rise to the red line area. For now there is no strong indication that the price will continue the bullish trend. There is still a possibility that the price of continuing the trend down by making a Wave A-B-C-D-E pattern. Today there will also be news release, avoid speculating for today.
EURUSD Analysis 27Aug2023last week's analysis responded positively by the market. the price dropped to the support area and is currently stuck there. if you look at the market pattern, there is a possibility of a simple correction a-b-c with the current price heading to wave c. if you pull the Fibo extension, then the price is right in the 0.786 Fibo area. there is a possibility that the price will move towards fibo 1 where in that area the price will usually reverse.
EURUSD Top-down analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD Analysis for Thursday August 10thCorrection in the video: I meant PPI numbers, not CPI*
In this video I share a potential bullish setup for the EUR/USD and what I'm looking for in terms of targets and trend continuation.
The EUR/USD has been on a slight uptrend and continues to make decent pullback dips for us to position ourselves for the next potential swing.
Trading Tip: Use a stop loss and stay patient in your trading approach. There is no need to rush or chase any market. Protect your capital and patiently observe the price action movement.
EURUSD Analysis 7Aug2023At the end of the week, the trendline is holding steady and there are limits to the potential returns. However, we can observe that the bearish trendline has been positively responded to three times, which is often a signal that the bearish trend is still dominant. Additionally, there is a liquidity area (highlighted in yellow) below SND that typically receives a positive response from the price in the future. It is likely that the price will fall further than the liquidity area.
EURUSD Analysis 30July2023This pair is in a strong support area for closing last week. Where the price is stuck by trendline as support and trying to penetrate SR Flip. If the price goes down again the closest target is SND below. Meanwhile, if the price responds positively to trendline, then the price is likely to be bullish again with the QM area as a target