EliteFXLeague

Last seen Jan 26

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since May 22, 2016

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EURUSD POTENTIAL SHORT PROJECTION.

EURUSD

, 1D

Short

EliteFXLeague

Based on recent technical analysis, potential support levels for EURUSD next week include: * 1.0176: This level represents the year-to-date low as of January 13th. * 1.0000: The psychological level of parity is a significant support area. Disclaimer: * This is a general observation based on current technical analysis. * Market conditions are dynamic and can...

EURUSD Potential Short Projection.

EURUSD

, 1D

Short

EliteFXLeague

The projection of 1.025 as the EURUSD resistance level for this week is likely based on a combination of factors: * Recent Price Action: The EURUSD pair may have recently encountered resistance around the 1.025 level, indicating a potential area where upward momentum could stall. * Technical Analysis: Technical indicators like moving averages, support/resistance...

EUR/USD Projection

EURUSD

, 240

Long

EliteFXLeague

Based on recent technical analysis, the projected EUR/USD resistance level for next week could be around 1.0435. Here's why: * Current Resistance: This level has acted as a significant resistance point in recent trading. * Technical Indicators: Some indicators suggest potential for a short-term reversal, but the overall trend remains bearish as long as this...

Potential Short Entry Eurusd

EURUSD

, 240

Short

EliteFXLeague

The EUR/USD (Euro vs. US Dollar) exchange rate has risen recently due to several factors: * Improved Market Mood: Reports of a potential shift towards more gradual implementation of US trade tariffs have eased market concerns and boosted investor sentiment. This generally favors riskier assets like the Euro. * Easing Treasury Yields: As US Treasury yields have...

EURUSD BEARISH SENTIMENT

EURUSD

, 240

Short

EliteFXLeague

Today, the EURUSD sentiment appears to be bearish. Several factors contribute to this outlook: Technical Analysis: The EURUSD has been noted to be trading below key moving averages like the 50-day and 200-day Simple Moving Averages (SMA), which often signals a bearish trend. Additionally, the pair has been within a descending channel, and recent price action has...

EURUSD Bearish Sentiment

EURUSD

, 240

Short

EliteFXLeague

EUR/USD Long Entry

EURUSD

, 1D

EliteFXLeague

Today, January 13, 2025, the EUR/USD pair has experienced significant movements influenced by various economic indicators and market sentiments. Here's a summary of the key points: EUR/USD Performance: The EUR/USD has dropped by 0.39% to 1.0210, marking its fifth consecutive loss. This decline comes amidst a strong USD, with the U.S. Dollar Index (DXY) reaching...

EUR/USD 2025 Forcast

EURUSD

, 1W

Short

EliteFXLeague

Here's a comprehensive forecast for EUR/USD for the year 2025, based on the latest available data: General Outlook: The EUR/USD is expected to face significant downward pressure throughout 2025, with many analysts foreseeing a test of parity (1.0000) or even a dip below it in the first half of the year. This bearish sentiment is largely due to the Eurozone's...