url The price has reversed from the weekly up trend line and closed below $1.17200 support level I was mentioning last week. $1.17200 was a breakpoint for the sellers and now it is resistance for buyers. Start of the week could have a small test ...

EURUSD Chart Analysis

url The week behind has shown bears breakout below previous day candles lows which led the price to $1.17200 support level. $1.18000 is a round number which acted as a resistance for the price and now the market looks like it has tested the ...

EURUSD Chart Analysis

url The price managed to close below previous week low and this is the second week in a row the price closed the week lower. The whole week was moving slowly down where four of five days were bearish. Strong confluence of support is losing the ...

EURUSD Chart Analysis

url The price reached a weekly up trend line and found support. It reversed back on Wednesday, but the following two days were bearish. If the price forms a bullish engulfing or Pin bar around $1.17200 it will be the sign of a bullish move which ...

EURUSD Chart Analysis

url The week ended with the price above the weekly starting price which was around $1.18600. The current price is $1.18729 which means bulls have made to close the week above open price. The bullish Pin bar from last week was not so strong ...

EURUSD Chart Analysis

url The week started with a small bullish Pin bar, but the formation of the Pin bar was not at the right place to give significant meaning. That is why the market continued to fall down on the following days. Currently because of the bullish Pin ...

EURUSD Chart Analysis

The price closed the week above $1.19000 which means the next resistance is at $1.20000. For the next week I am expecting the price around $1.20000 and then I will see what will happen. Market does not look so strong to go beyond $1.20000, but it ...

EURUSD Chart Analysis

url Last two weeks were pretty bad for the Euro currency because the price has fallen down to low levels which we have not seen since April 2020 The current scenario does not look good for buyers because the price has support only next to ...

EURUSD Chart Analysis

url With two Pin bars the price could not reach new highs. With the start of a week the price moved higher than last week’s ended, but it has short lasted. The price is below strong resistance that has held the price above for two weeks which ...

EURUSD Chart Analysis

url The week started with a bullish scenario at the $1.21800 with the target at around $1.22800. Price reached $1.22660 and then reversed back down to $1.21800. The price is currently on a strong support where we have a confluence of support ...

EURUSD Chart Analysis

url The price broke above $1.21800 on Tuesday and we had strong buying sentiment. Then the market reversed back down to find support on the $1.21800 which happened on Wednesday. I like to look on the weekly time frame and what I can see it just ...

EURUSD Chart Analysis

url The price has done what was discussed in last week’s analysis. The price touched $1.21800 and returned back down to $1.20800. The $1.21800 is close and I am expecting it will break above. Weekly time frame shows me a clear bullish scenario ...

EURUSD Chart Analysis

url The week has ended with the price close to $1.21800 level which is now resistance for the pair. The resistance area around $1.21800 was active two weeks ago. I am expecting the price to go down around the $1.20800 level and find support for ...

EURUSD Chart Analysis

url The price managed to reach some highs, but not $1.21800 which is the next resistance. Now the price has returned back down close to $1.20000 which now acts as a support. The price will likely stay here in the range between $1.20000 and ...

EURUSD Chart Analysis

url The price played out just like it was mentioned in the previous week’s analysis. The price broke above $1.20000 and reached $1.20800 level. Resistance at $1.21800 is stronger resistance and it will play a major role for the price to break ...

EURUSD Chart Analysis

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