Gann
EUR/USD Analysis: Weekly & Daily Timeframes
In this analysis, I explored the EUR/USD pair, identifying significant patterns and potential trade opportunities. The weekly timeframe shows a strong support level, while the daily chart highlights short-term resistance. Combining these insights with the DXY index, we can better understand market dynamics.
In this short video, I break down the daily chart of the Micro EIn this short video, I break down the daily chart of the Micro E-mini Nasdaq 100 (MNQ, June 2025 contract) and share my outlook for the upcoming week. I'm watching the weekly high and low, a potential bearish retracement pattern, and price behavior around the 0.5–0.75 Fibonacci levels.
📉 My main scenario is a short-term move higher into resistance, followed by a potential continuation to the downside – but I'm staying flexible and watching price action closely.
EURUSD
Analyzing the EUR/USD pair, I identified a significant triangle pattern on the monthly timeframe, suggesting a potential price target of 1,19. However, the crucial 1.13 level wasn't breached on the weekly and daily timeframes, indicating a retest before any upward movement. The formation of higher highs and higher lows suggests an ongoing uptrend. Stay tuned for potential bullish continuation.