by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis The EURUSD price has returned back in the range area. Break above $1.19000 and daily close was not enough to hold the price above which means bulls have lost the strength. As you can see on the H4 time frame there...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis EURUSD has reached a resistance level at $1.19000 which is the upper level of the range area. Range area spreads over 200 pips wide area between $1.17000 and $1.19000. The $1.19000 level acted as a good resistance...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis The range from $1.17094 to $1.19030 is still holding the price. EURUSD has formed a bullish engulfing bar on the daily time frame right on the lower level of the range area. The engulfing candle shows that the...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis EURUSD is in the range between $1.1725 and $1.19030 for several days. The price has reached a strong resistance level at $1.19000 and buyers did not have enough strength to make new highs. Current market formation...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis The price made a pullback to previous resistance level at $1.17406 that is now acting as a support. Few small bearish candles had formed and it looked like the price was moving outside from the uptrend channel....
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis Yesterday the price found more buying strength to move up and close above $1.17700. We have a steep uptrend channel that is driving the price up. Since yesterday’s analysis the price has formed few bullish...
