The pair hasn't shown much movement, so our current strategy stays unchanged. Key USD news is expected later this week, which will likely influence the next move for this pair. In the meantime, consider waiting or exploring trading opportunities with other instruments. The crucial support level is still at 1,0939.
The pair continues to trade above 1,1040. Currently, there are short-term selling opportunities. Consider entering a trade if there is a rejection at 1,1100 or after a break and retest of the support level. In the long term, the uptrend is expected to continue. Keep an eye on significant USD news later this week!
On Friday, we analyzed the key levels for EURUSD. The pullback is ongoing, and the pair has already hit the first support at 1.1040. This marks the 38.2% Fibonacci level, so we may observe the price reacting to or even bouncing off this point. If the decline persists, the next key support level will be 1.0939. Short-term selling opportunities may arise if the...
EURUSD rebounded from the 1,1200 level and has started a pullback. The key support levels to watch are 1,1040 and 1,0939. These are the 38.2% and 61.8% Fibonacci retracement levels of the latest upward move. Be on the lookout for potential rejections at these levels for buying opportunities. Additionally, USD news later today could trigger further...
EURUSD has been moving sideways this week. Later today, during the U.S. session, GDP data will be released, which could influence price action and create trading opportunities. Keep an eye out for potential rejection of previous highs and the start of a pullback. At this moment, there’s no confirmation for long positions!
EURUSD remains steady, continuing to trade around 1.1150. Yesterday's movement was mostly sideways, and our outlook for this pair remains unchanged. Currently, trading opportunities should be explored on lower timeframes only. Additionally, keep an eye on any momentum in price in case the pair continues to rise!
Yesterday, the EURUSD maintained its position above the 1,1150 level. Watch for a potential rebound at the start of the European session, as this could present an opportunity to enter short-term long positions. If the price breaks above the previous high, the next resistance levels to watch are 1,1208 and 1,1245. Be sure to use less risk than usual, and reduce...
On Friday, EURUSD extended its upward movement, reinforcing the bullish trend. However, this week, the pace may slow down due to a lack of significant economic events. It's advisable to wait for a pullback, which could present opportunities for high risk-to-reward setups. All major currency pairs are currently testing key levels, so it's important not to rush...
EURUSD remains above 1.1100, in anticipation of upcoming news. Today, we have a press conference from Jerome Powell, the Federal Reserve Chairman, which could introduce some volatility before the session ends. Pay attention to how the weekly candles close, as this will help predict the market's next potential moves. At present, we are not considering trades in...
Yesterday, EURUSD hit a new high, continuing its uptrend. At the current price levels, the risk-to-reward ratio for long positions isn't favorable. Monitor whether this upside momentum will sustain the price above its previous high. Key USD news is expected tomorrow, which could influence the weekly close and potential future movements. Avoid trading without...
EURUSD is maintaining its upward momentum and has reached a key resistance level at 1,1112. Currently, there are no viable trading opportunities at these price levels. The ongoing momentum hasn't shown signs of ending, and there are no pullbacks to leverage. As a result, buying at this point doesn't offer a favorable risk-to-reward ratio. Similarly, there’s no...
Yesterday, EURUSD continued the upside move, reaching 1,1087. The next significant resistance level is at 1,1112. Be prepared for potential reactions around this level, which could trigger a pullback. Today, we might see short-term buying opportunities if the price bounces off the support around 1,1050. Any positions opened near these levels should be managed...
EURUSD is on the rise, now challenging its previous high. At the moment, the current price levels don't offer any clear trading opportunities. We can only consider entering a trade after a pullback or a break and retest. It's crucial to determine if the trend has enough momentum to continue. A deeper retracement is also possible! Key USD news is expected at...
After breaking above 1.1000, EURUSD started a retracement. If the pullback continues, the next support level is at 1.0865. The price action remains slow, providing an opportunity to enter short positions on lower time frames. As this is a retracement, it's advisable to trade with lower volume and be cautious of potential early reversals!
Yesterday, EURUSD hit our initial resistance level and then pulled back. Identify the news candle and wait for a breakout. A drop below 1,1000 will confirm another bearish leg. Another selling opportunity arises if the price rejects the resistance again. We're avoiding long positions at the current price levels.
Today, we're expecting significant USD-related news. Inflation data will be released during the US session, likely causing increased volatility across most instruments. Yesterday, EURUSD hit its resistance level at 1.1000 and has remained there since. The key now is to observe the reaction following the news and determine the next direction. We need to see if...
Since yesterday, EURUSD has been stagnant, and we're still considering the same approach. Current price levels don’t offer any entry points, and we need to see some rejection before proceeding. Important USD news is scheduled for tomorrow. If there’s no movement in this pair today, it might be best to wait for the news. That’s when the setup should become clearer!
Last week, the pair tested the 1.1000 level but was unable to break through. Important USD news is coming on Wednesday! Watch for a potential rise in EURUSD, but if it fails to continue climbing, there could be an opportunity to sell. Entering a trade at this moment may not be the best strategy. Instead, wait for the price to make a false move in either...