Yesterday, EURUSD broke the previous high and reached 1,0637. This fulfilled the expected upward movement, making it a good time to take profits. The next resistance level based on Fibonacci extension is at 1,0675. At the current levels, reducing the risk on active long positions is advisable.
Yesterday, EURUSD experienced an impulsive rise, breaking through resistance levels. This suggests that the next target is the previous high, aiming for 1,0568. Buying opportunities exist from the current levels and after a correction of yesterday's impulse. The setup becomes invalid if the price drops below 1,0357!
On Friday, EURUSD reached 1,0357 and bounced back. Now, it's important to monitor how it reacts at the resistance levels. If it rejects these levels, then we can look to go short. The next resistance levels are 1,0440 and 1,0463. The target will be a retest of 1,0357!
The pair made several unsuccessful attempts to break past the previous high. Yesterday, it failed to rise further and dropped below 1,0400. At the current levels, there is no valid reason to enter a trade. Keep an eye on whether it gains strength for a new bullish move or forms a lower high and reverses the trend.
Yesterday, EURUSD tested the previous high again but failed to break through. Watch for a rejection and a potential new bullish move. If a breakout occurs, the next resistance levels are 1,0554 and 1,0568. At the current levels, there is no valid entry signal!
Yesterday, EURUSD tested the previous high again but failed to break through. Since the beginning of the month, there have been many buying opportunities, which we have analysed. Now it's time to reduce risk and monitor whether there is enough strength for higher levels. If the price rises again, the target will be a breakout of the previous high. The next...
Yesterday, EURUSD reached 1,0528 and bounced back. All open buy positions should now be risk-free. Monitor whether the uptrend on the H1 timeframe has enough strength to continue or if a correction will follow. If the price rises again, the target will be to break the previous high. The next resistance levels are 1,0554 and 1,0568.
On Friday, EURUSD offered additional buying opportunities following a pullback. Today started with an increase and a new test of the previous high. The next resistance levels are 1,0554 and 1,0568. Currently, there is no favorable risk-reward ratio or justification for new entries.
Yesterday, EURUSD moved above 1,0500 and tested the previous high. All open buy positions are in profit, so risk should be reduced. At these levels, there’s no reason for new entries. The target remains a breakout and a move towards 1,0568.
Yesterday, EURUSD continued its correction and reached 1,0398. The next key support level is at 1,0390. Watch for a potential bounce from this level, which could present buying opportunities. The target remains a breakout above the previous high and a move toward 1,0568.
Yesterday, EURUSD reached the first support level at 1,0438. This corresponds to a 38.2% Fibonacci retracement and held above this level. The next key support levels are 1,0423 and 1,0390. Watch for a rebound and a potential new bullish movement. The target is to break the previous high and reach 1,0568.
EURUSD is in an uptrend on the H1 timeframe. Yesterday, the price held below 1,0500 and is now moving toward support levels. A rebound from support could present a buying opportunity. The target is to break the previous high and reach 1,0568.
On Friday, EURUSD reached the first target precisely and held around the 1,0500 level. The bullish trend remains intact, with the next target at 1,0568. All active buy positions should be managed with reduced risk. New buying opportunities may arise after a pullback or a breakout and retest of the previous high. No significant economic news is expected this...
Yesterday, EURUSD broke above the previous high, reaching 1,0468. This confirms the bullish move and presents additional buying opportunities. The next resistance levels are at 1,0513 and 1,0568. A key support level is yesterday's low at 1,0370.
Yesterday, EURUSD continued its bullish move following the news and reached the previous high of 1,0424. This confirmed the expected direction and provided a buying opportunity. The next resistance levels are: 1,0513 1,0568 1,0657 The idea becomes invalid if the price drops below 1,0314.
Yesterday, EURUSD continued its upward movement, reaching 1,0381. Later today, U.S. inflation data will be released. This news has a significant impact and will determine the next move for the USD. If the pair continues to rise, the target will be to break previous highs and reach 1,0568. Be cautious of misleading price movements and avoid emotional trading!
EURUSD remains around the 1,0300 level without a clear direction. Tomorrow's USD news is expected to bring increased volatility. Watch for a higher low and a test of resistance levels. At the current levels, there is no reason to enter a trade!
On Friday, EURUSD bounced off 1,0400 following the news. If the price rises again, the levels from the news event will act as important resistance. A breakout above these levels would confirm further upside movement. This week, the key news event is on Wednesday, when U.S. inflation data will be released. There aren't any good trading opportunities at current...