In our EUR/USD technical analysis, a pivotal moment unfolds as the pair rejects the 0.618 Fibonacci retracement with a high-test pattern on the monthly chart. Navigating through the long-term trend…
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EUR/USD
EUR/USD Technical Analysis, the pair is facing descending trend line and resistance
Technical analysis for the EUR/USD, the pair is facing a descending trend line, resistance zone, and the 50 EMA on the weekly chart. A break above this resistance zone between…
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EUR/USD Technical Analysis, the pullback reached the first target
Technical analysis for EUR/USD, the pullback which started with the morning star pattern on the weekly chart reached the first target, the 0.382 FIB retracement at 1.0270. The focus now…
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EUR/USD Technical Analysis, the pair formed a double bottom
Technical analysis for EUR/USD, the pair formed a double bottom on both the weekly and the daily charts, which is a signal for a pullback. The first target for this…
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EUR/USD Technical Analysis, the pair bounced from support, starting a pullback
Technical analysis for the EUR/USD, the pair bounced from the 2017 low at 1.0340 and started a pullback. The first target for this pullback, the 0.382 FIB retracement on the…
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EUR/USD Technical Analysis, the pair broke below a key level
Technical analysis for EUR/USD, the pair broke below the key level at 1.1165 and below the previous daily low at 1.1106. This breakout resumed the bearish trend on the weekly…
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EUR/USD Technical Analysis, the pair closed the week with a bullish engulfing candle
Technical analysis for the EUR/USD, the pair closed the week with a bullish engulfing candle on the weekly chart, signaling a potential breakout. The EUR/USD reached the previous daily high…
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EUR/USD Technical analysis, the pair breakout of ascending triangle
Technical analysis for EUR/USD, the pair breakout of ascending triangle on the daily chart, after almost two months of consolidation. The first target for this bullish breakout is the 0.618…
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EUR/USD Technical Analysis, the pair bounced from support and started a pullback
Technical analysis for the EUR/USD, the pair reached the second target of the bearish weekly wave at 1.618 FIB extension at 1.1225 and started a pullback. The EUR/USD went as…
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EUR/USD Technical analysis, the pair reached the first target of the bearish wave
Technical analysis for the EUR/USD, the pair reached the first target of the daily and the weekly bearish wave at the 1.272 FIB extension at 1.1445. As we explained in…
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EUR/USD Technical Analysis, the pair formed tweezer bottom signaling a potential pullback
Technical analysis for the EUR/USD, the pair formed a tweezer bottom on the weekly chart, a signal for a potential pullback. The focus now is on the daily chart. The…
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EUR/USD Technical Analysis, the pair broke below a key support
The EUR/USD pair broke below the key support at 1.1600, which was a double bottom on the weekly and the daily charts. Not only that, but on the monthly chart,…
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