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EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
Jun 11, 2022 at 05:05
https://youtu.be/trcpTvnG2HQThe price moved higher and reached a $1.07825 supply zone which was too hard to break. From there the price returned down and formed a strong bearish engulfing candle that closed the day below previous weekly false breakout downwards.Next week we could see a price close to $1.05825 which will be a breakout confirmation.The possible level for the price to reach is $1.05600, which is high on the previous reversal attempts after sell off so we can expect the same reaction and target.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
Jun 04, 2022 at 04:40
https://youtu.be/VeoRyrJQIkgThe price reached $1.07825 resistance and made a retrace back down to $1.06736 where it bounced back up, but returned down and broke below $1.06736 support level.Next week we could see a price close to $1.06736 because the price closed the week below previous week close price and this week open price. $1.06736 is now a base for buyers which they will defend and it will be a base for future moves to the higher price. We now have $1.06736 as a support that will decide if the price moves down or up.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
May 21, 2022 at 04:35
https://youtu.be/4aUWMSL0FTsJust in two days the price returned and reached $1.04700.On Friday we have a small retrace where traders have exited from trades and taken the profit from the strong move upwards.With strong bullish candles and breaking some critical levels to the upside we can look for the price on higher levels.The candle closed above previous candles body highs which is a good signal to look expect the price on the higher levels.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
May 14, 2022 at 04:38
https://youtu.be/d0DiRle4b_kThe price made a breakout on Wednesday after testing the $1.05825 resistance three times.After strong move, if we calculate pip range it is 177 pips move, price stopped and made a retrace above $1.04000 on Friday which we can add to Friday exit where traders cash out after a strong move and get out from trades before the weekend.We can expect price moving higher close to $1.05000 resistance level and from there look for bearish price action signals.Now is the time to wait for the retrace to higher levels and from there look for a sell signal.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
May 07, 2022 at 04:40
https://youtu.be/ORSXFF2PoUgPrevious EURUSD forecast talked about price making a retrace to $1.06736 and the price retraced, but only to $1.06410.Thing is that the price is now in the indecision area where we need to wait for a breakout.Next week we need to wait for the price to break out from this range.$1.05825 is the first target for the bulls that must be broken and retested to verify the breakout.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
Apr 30, 2022 at 05:45
https://youtu.be/uaOrqSTU35cPrevious week analysis talked about price moving down for around 100 pips and 300 pips in the long term. The price has reached both targets in four days.Next week we can expect some retrace for EURUSD after strong selling pressure last week. Most likely the price will reach $1.06736 resistance or $1.07388 which should be the next target.
EURUSD Analysis and Forecast
Deneyimli Traderlar
içinde
Apr 16, 2022 at 05:29
The price reached the target from previous analysis where I was talking about $1.07825.Tuesday was the day when the price broke below $1.08846 which was a signal the price will move to the next support level, $1.07825Since we have a strong demand zone around $1.07825 which made the price bounce up on Thursday we could see the price making a retrace from the current support level. If the price manages to break below we should wait for the retest with daily price close below this level. That will be the first step to move down to $1.06736 support level.
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