[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in going back to bullish from the area 1.0460-1.0520. According to our last week analysis where we said if price can’t break the area then we can see some bullish recovery movement. EURUSD can’t break the area and the price has recovered four week falling in a day … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD Weekly Forex Trading Forecast It shows that EURUSD is in a strong bearish bias. After a long time, around 6 months range the price is now trading below 1.0800. According to our previous analysis, the target was 1.0800 and the target was fulfilled and price also breaks this support at 1.0810 … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is moving in a range of 1.1450 to 1.0810. According to the higher timeframe weekly and monthly it is still on bearish bias. Last week it has broken as support strongly at 1.1100. Further bearish movement is expected in this week targeting 1.0810. The 1.0810 area has some importance … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bullish bias. It has broken the upper boundary of a range at 1.1300, last week it has also broken a high at 1.1460 but can’t sustain and move back to below the high. As the main bias is still bullish it is expected that the price may … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD was not able to break the upper boundary of the recent range and back to the range again after an unsuccessful attempt to break the upper Resistance zone. Now it can be expected that the bearish movement can be continued targeting 1.100 followed by 1.0850. [/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It is shows that EURUSD is now facing a resistance zone at 1.1380. The price testing this level twice but could not break it. Now a bearish movement is expected targeting 1.1030 area, as the area offers a support zone and Fibonacci 61.8% the recent low to high. [/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]
EURUSD Technical Outlook It shows that EURUSD is in bullish recovery movement from the support area 1.0550. It tests this support area twice. It can be assumed that the Market bias is slightly bullish now as it can not break the recent low and back to bullish again. More bullish movement is expected now targeting … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD Technical Outlook Analysis: A Bullish Recovery with Cautious Optimism EURUSD Technical Key points: 1. Bullish recovery from 1.0550 support 2. The previous forecast of 1.1150 target was met with 200 pips of movement 3. Strengthening bullish momentum expected towards the 1.1150 resistance 4. 1.1150 is a short-term resistance zone 5. Underlying … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Just started new week this is ending of March also. Some medium impact event was forex market calender. Today we have sent a pending order as follows ” Pending Order: Short Term Buy EURUSD from 1.0834 SL 1.0810 TP 1.0855, 1.0875, 1.0895. The order triggered the ordered and successfully hit TP1 1.0855 and got +21 PIPs and … Read more
[vc_row color_scheme=”alternate”][vc_column width=”1/1″][us_post_title tag=”h1″ align=”center”][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD Bounces from Key Support: What to Expect? EURUSD Technical Outlook- It shows that EURUSD is trying to recover with some bullish movement and it is bouncing from a short-term support of 1.0550 that was created in March 2003. Now some more bullish recovery movement is expected targeting … Read more
