url After last week engulfing candle the pair has found strength to move 100 pips up and reach key level at $1.20000. As I said in the previous week analysis the price will look more bullish if it closes above $1.19000. Now I can say that the ...

EURUSD Chart Analysis

url The price reverse happened and the $1.18400 was reached as was said in the previous weekly analysis. But, the price managed to get out from the descending channel and reach major resistance at $1.19000. f the price ends next week above ...

EURUSD Chart Analysis

url Strong selling pressure pushed the price down to $1.17203 support level where the minimum price $1.17030 was reached. It will not be too easy to break below $1.17000 support, so I am expecting the price to reach $1.18400 which is the level ...

EURUSD Chart Analysis

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EURUSD Chart Analysis

url What we can see from the start of the week is that the price has moved to $1.19037 and from there reversed back up next to resistance level at $1.20000. From there the price returned back down and ended the week with the close right on the ...

EURUSD Chart Analysis

url The pair is in the indecision area because strong support $1.19000 has held the price from moving below and $1.20000 has held the price from moving up. If the price comes back again to $1.20000 and makes a bearish price action signal it will ...

EURUSD Chart Analysis

url We can see the price has reached $1.20000 on Tuesday and made a retrace which was just bears getting out and cashing profits. The price could find a support at $1.19000 level which will allow the price to move up. Current market formation does ...

EURUSD Chart Analysis

url The price has managed to break higher this week, but the break was short lasting. In the previous week analysis I have said that if the price manages to break above $1.21280 we could see it moving higher What I am looking now is for a bullish ...

EURUSD Chart Analysis

url This week has shown indecision in the market where the first few days the price did not show clean direction. With the support of bullish traders the price has changed the direction and ended the week above $1.20800. If the price could close ...

EURUSD Chart Analysis

url The price managed to return back into area between $1.20800 and $1.21793 leves. It is an area where the price has been around since December. In the next week I will wait for the price to define where it will move for the next few weeks. If ...

EURUSD Chart Analysis

url The market has changed its direction and price managed to break below uptrend channel. The price has broken even below first support $1.20000 which did not show too much strength. The price could find resistance at the confluence of resistance ...

EURUSD Chart Analysis

url This week the price has made a bounce down to the first support at $1.20800. The price took three days to reach the support which means bulls were strong enough to hold the price on the upper side. In the next week I am expecting the price to ...

EURUSD Chart Analysis

url Last week I pointed out the price could reach $1.20800 level and bounce back to $1.21793. The price reached $1.20800 and bounced on Monday back up. For the next week I am waiting for the price to make a move. If the price closes on a daily ...

EURUSD Chart Analysis

url Strong bearish candles last week was a sign of bears strength and that has been confirmed on Monday. The price has fallen down to $1.21500 which was a sign that the price will move down and by end of the week the price reached $1.20800. ...

EURUSD Chart Analysis

url The return inside range was strong. Two large bearish candles have wiped two weeks’ bulls’ work. The price stopped at the support level $1.21793. That level is the previous confluence of support which is now preventing the price from falling ...

EURUSD Chart Analysis

url We had EURUSD making a bullish candle on the confluence support area right at the start of the week. As I said in the previous week EURUSD forecast the support $1.21793 was the support that holds the price from falling down. We can expect the ...

EURUSD Chart Analysis

In the previous week forecast I have mentioned that the pair could make a retrace back to $1.21793 which happened already on Tuesday. The price retraced back strongly and formed a bullish Pinbar. The Pinbar shows us that the market is still ...

EURUSD Chart Analysis