EURUSD Analysis – Eurusd looking at the final movement
EURUSD Analysis – Here we’ve the EURUSD on the weekly timeframe. looking at the final movement of price before looking for a pattern, there’s a temporary ranging market inside a clear sideways channel at a strong point of resistance (1.05). General price movement dictates that the additional the price tests support, the stronger the support level. that leads to a much bigger move if price were to break! due to the recent strengthening of the dollar, we ar likely looking at a potential break of support and price dropping further to previous resistance around the 1.00 mark. With clean break and a 500+ pip drop there may be plenty chance to enter short positions.
Free Forex Signal – Buy EURUSD
Hansfiew Technique. Buy at 1.0583 Stop Loss (1.0533) Take Profit 1 FR 236 ( 1.0737 ) Take Profit 2 FR 236 Mayor ( 1.0810 ) Take Profit 3 FR 382 (1.08426)
EUR/USD: Daily signalling possible retracement at support
Getting oversold once more, support close… Watch it though: longterm “up” trendline broken, see weekly plan for possible bearish targets if it breaks support….
We see break of 16 years up trend
We see break of 16 years up trend. There ar 2 scenarios. One to continue sharply down. Second to be a false break and go up before going down once more.