url url The price closed above $0.99134 which was the resistance level and supply zone that was holding the price for a while. The breakout was confirmed on Wednesday when the second bullish candle formed and reached $1.00900 level. The next ...

EURUSD Chart Analysis

url url MT4 vs MT5 difference is in the design and the features you can use where MT5 has new design and more features, but MT4 has all features you need for trading. MT4 has proven as a stable and reliable trading platform enough for daily ...

EURUSD Chart Analysis

url url The price did not return back down and test the $0.96716, but it moved to the upside and tested the previous small resistance as a support level. Since the price managed to close the day above previous daily candles this is indication we ...

EURUSD Chart Analysis

url url The price had indecision on Tuesday and Wednesday which shows sellers and buyers strength to move the price in their direction. This shows a false breakout from the indecision area to the upside so we could expect a move to the downside ...

EURUSD Chart Analysis

url url Previous EURUSD forecast mentioned the price could reach $0.99134 and the price succeeded in the first two days. With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will ...

EURUSD Chart Analysis

url url The price reversed from that demand zone and formed a strong bullish engulfing candle that took the price back to downtrend channel resistance line which is a small confluence of resistance with supply zone at $0.98300. Higher price ...

EURUSD Chart Analysis

url url On Monday the price formed a bullish candle with daily close above previous day candle close. This was indication the price is continuing moving in the same direction as the previous week has ended. The first small support and demand ...

EURUSD Chart Analysis

url url The price opened a week with a gap to the upside and reached the weekly target mentioned last week. The strong bullish trigger to the upside pushed the price higher and the price reached $1.01960. The price still needs to break above the ...

EURUSD Chart Analysis

url url The breakout was a false one on Tuesday and what usually happens after a false breakout the price moved in the opposite direction. Friday shows price decline after traders taking profits around $1.01368 who bought the price at the ...

EURUSD Chart Analysis

url url The price broke out on Monday with a small bullish candle which continued for the next two days. The price managed to reach the first small supply zone around $1.00570 and then stopped. For the next week we need to wait for the price to ...

EURUSD Chart Analysis

url url The first day of the trading week the price reached parity and on Tuesday it reached $0.99000 Both, bulls and bears, are pushing in the thier direction, but the last two days shows bulls trying to move the price higher. In the next week ...

EURUSD Chart Analysis

url url At the end of the week strong selling pressure took the price below $1.01368 support and reached almost parity. Small bounce back to $1.00700 is likely because this level is a small resistance level where price reacted when moving down. ...

EURUSD Chart Analysis

url url We had a false breakout to the upside where the second candle had returned the price back inside the price range. When the price reached the resistance line the price broke to the upside and closed the day above price range. The price ...

EURUSD Chart Analysis