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Forex trading analysis on currency pairs based on price action analysis.
EURUSD Forecast – Pullback With $1.03920 Target
EURUSD Analysis TodayPrevious EURUSD forecast mentioned price range where the price was inside for a week. It took another week to breakout. Lets what has happened since then. We had a false breakout to the upside where the second candle had returned the price back inside the price range. Since...
EURUSD Forecast – Indecision Range
EURUSD Analysis TodayPrevious EURUSD forecast talked about price reaching $1.02975 after successful bullish breakout to the upside. The price started with an indecision candle where the bulls and bears could not take the price to higher or lower levels. Small bullish indecision candle has formed...
EURUSD Forecast – Bullish Breakout Confirmed Targeting $1.02975
EURUSD Analysis TodayPrevious EURUSD forecast talked about price making a breakout to the upside. The price on Monday has made a first step to make a breakout reaching first resistance level $1.01368 and breaking above with a wick. The price returned back down, but only to support level $1.01368....
EURUSD Forecast – $0.99134 Still As a Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about parity and that is what has happened. The price has moved strongly down on Monday and on Tuesday the price reached parity. The price on Tuesday formed an indecision candle which showed a fight between bulls and bears. But the price on...
EURUSD Forecast – $0.99134 as EUR/USD Parity Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about reaching $1.02975 and $1.01368 as a weekly and monthly target. The price did not took that much time, but it reached these two targets this week. This tells us that the bears were too strong for bulls so the EUR lost its value a lot. On...
EURUSD Forecast – $1.02975 Daily, Weekly and Monthly Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about indecision range area where the price needed to breakout to make a move. The breakout happened to the downside. On Monday the price had a false breakout from the range area to the upside where the next day the price returned back inside...
EURUSD Forecast – $1.05087 and $1.05825 Range Breakout Needed
EURUSD Analysis TodayPrevious EURUSD forecast talked about $1.03920 as a target but the price could not move down from the range in which is currently located. The $1.05087 and $1.05825 range is holding the price. On Monday the price had opened with a gap and returned inside the range area where...
EURUSD Forecast – $1.03920 Still the Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about $1.03920 as a target and price reached that level on Monday. The strong bearish candle reached demand zone around $1.03820. That move confirmed strong bearish sentiment that has started with two strong bearish candles previous week when we...
EURUSD Forecast – $1.03920 Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about $1.06736 that needs to hold if we want to see the price on higher levels. The price returned to $1.06736 and formed a bullish Pin bar on daily time frame. The price moved higher and reached a $1.07825 supply zone which was too hard to...
EURUSD Forecast – $1.06736 Support That Needs to Hold
EURUSD Analysis TodayPrevious EURUSD forecast talked about price targeting $1.08300 which is close to the monthly triangle support line. But, the price could not break above $1.07825 resistance level. The price reached $1.07825 resistance and made a retrace back down to $1.06736 where it bounced...
EURUSD Forecast – $1.08300 Bulls Targeting Monthly Triangle
EURUSD Analysis TodayPrevious EURUSD forecast talked about price reaching higher levels like $1.06400 which was a high on the last bullish attempt. The price reached that level in a day on Monday with 144 pips candle large. It was a sharp move that took the price outside the downtrend channel and...
EURUSD Forecast – $1.06400 Bulls Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about price making a retrace to $1.04700 and the price has done that. The retrace happened pretty quickly. Just in two days the price returned and reached that level. On Tuesday the price made a strong bullish candle reaching high levels inside...
EURUSD Forecast – $1.04700 Retrace Target
EURUSD Analysis TodayPrevious EURUSD forecast talked about price making a breakout from a range that was held inside for two weeks. The price made a breakout on Wednesday after testing the $1.05825 resistance three times. The same day price formed a bearish pin bar after which the price made a...
EURUSD Forecast – Wait for a Breakout
EURUSD Analysis TodayPrevious EURUSD forecast talked about price making a retrace to $1.06736 and the price retraced, but only to $1.06410. It was close to the first target, but there is selling pressure on the upper side that is preventing that. If we check the candles that were formed during the...
EURUSD Forecast – $1.07388 Retrace Target
EURUSD Analysis TodayPrevious 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. Price started on Monday with bearish move down reaching demand zone around $1.06736. From there price bounced back up, but...
EURUSD Forecast – $1.0500 as a 300 Pips Long Term Target
EURUSD Analysis TodayPrevious week analysis talked about price having a hard time to break below $1.07825 after moving down to the demand zone. At the start of the week the price continued moving down reaching $1.07825 support level. Next day, on Tuesday, the price formed an indecision candle...
EURUSD Forecast – $1.08846 Bullish Reversal Target
EURUSD Analysis TodayThe price reached the target from previous analysis where I was talking about $1.07825. On Monday the price made a gap which took the price higher than the week has closed. The possible retrace to $1.09860 was mentioned the previous week, but the price reached only a downtrend...
EURUSD Forecast – $1.07825 Next Target
EURUSD Analysis TodayIn the EURUSD previous analysis I have mentioned the price is targeting $1.09860 and the price done that. And if the price breaks below that price we could see the price heading down to $1.08846 if the $1.09860 is broken. And price has done that easily where we did not see any...
EURUSD Forecast – $1.09860 Next Target in the Coming Week
EURUSD Analysis TodayAs mentioned in the previous EUR/USD analysis, Monday was the day when the market made a decision where it will move for the whole week. We can see a bullish Pin bar formed on Monday on the $1.09860 support level. Tuesday had a strong bullish move that closed the price above...
EURUSD Forecast – $1.09860 Target of the Bears
EURUSD Analysis TodayIf we check previous analysis we can see I have mentioned several things. First one is that we could see the price returning back down to $1.09860 which is support for the price. And the price has done that. On Monday we can see bearish candles and on Tuesday a bullish Pin...
EURUSD Forecast – $1.10755 Decision Level for the Bulls
EURUSD Analysis TodayThe price has made some changes on the market last week and that is visible on the chart. The price has formed all bullish candles starting from Monday and only Friday was a bearish candle. On Monday the price made a bullish candle with a large wick on the upper side next to...
EURUSD Forecast – $1.07825 as a Target and Strong Support
EURUSD Analysis TodayLooking into past week analysis you can see that I mentioned the price could reach $1.07825 and then bounce back up. On Monday the price continued to move down and reached an area of supply close to $1.07825 and bounced up. The move up was more retrace than a bounce because...
EURUSD Forecast – $1.07825 as a Target
EURUSD Analysis TodayIn the previous two weeks the price is in bearish mode without any signs of recovering in the short term. Only a few bullish candles have formed on the downtrend channel support line. But those candles were short lasting and did not have any support on the following candles....
EURUSD Forecast – $1.14000 and $1.13000 Breakout Levels
EURUSD Analysis TodayAs planned in the previous analysis the price reached $1.13000 and bounced back up. Week started with price heading down and entering into the range area. We had a candle with large wicks on the upper side and the lower side which represents the bullish and bearish strength at...
EURUSD Forecast – Looking for $1.13000 Demand Zone
EURUSD Analysis TodayThe price started the week with weak bearish candles where the candles closed close to support at $1.14000. That is the support level mentioned in the previous analysis when it was said the price will probably make a retrace. The retrace happened after a strong bullish move a...
EURUSD Forecast – Huge Shift in the Market
EURUSD Forecast EURUSD chart analysis What we can see on the chart is the market turnaround where bears have lost their strength against bulls. Starting from Monday we can see bulls have taken over and push the price back in the downtrend channel. For the next two days we can see smaller bullish...
EURUSD Forecast – Bears Have Took Over
EURUSD Forecast EURUSD chart analysis The price has dropped strongly after the first two days where we can see two bearish candles with large wicks. Those wicks representing the price had a strong support at the $1.13094 level. On Wednesday the price managed to break below previous two day wicks...
EURUSD Forecast – Price Locked in a Price Range
EURUSD Forecast EURUSD chart analysis The price has returned to previous low levels where the price range was holding the price for almost two months. The price range is from $1.12645 to $1.13427. Week started with an indecision candle on the $1.14000 support level and on Tuesday the price was...
EURUSD Forecast – $1.14748 as a Decision Level for the Bulls
EURUSD Forecast EURUSD chart analysis What was discussed in the previous week analysis the market has done almost in a pip. The market broke out to the upside and reached a strong resistance level at $1.14748. Week started with the retrace back to support at $1.13094 which is a confluence of...
EURUSD Forecast – Bullish Sentiment in Creation
EURUSD Forecast EURUSD chart analysis What we can see on the chart compared to the previous week analysis is that the price had a retrace back to previous range area and from there found support for the next move up. Week started with the bearish candle and reached a $1.13094 resistance level. At...
EURUSD Forecast – $1.14748 First Target
EURUSD Forecast EURUSD chart analysis Last two weeks the EURUSD price was in the range between $1.12350 on the bottom side and $1.13600 on the upper side. The price was making its way up every few days and had stopped for a while close to the downtrend channel. The downtrend channel line posed a...
EURUSD Forecast – $1.11871 and $1.13600 as a Decision Price
EURUSD Forecast EURUSD chart analysis The EURUSD price was ranging the whole week where we had two strong moves outside the range area. The week started with two bearish candles where Tuesday's candle closed below previous daily closes. That suggested the price could move down to the first support...
EURUSD Forecast – $1.14000 as a Short Term Target
EURUSD Forecast EURUSD chart analysis This week's price did not reach the previous analysis predicted level, but the market overview looks like it is preparing to move up. We had a bullish Pin bar formed on Tuesday where the price could not close below lows of previous candles. That was one signal...
EURUSD Forecast – $1.11871 Still in the Game
EURUSD Forecast EURUSD chart analysis Looking into the past analysis two weeks ago the price reached $1.11871 in the pip. And then bounced back up to first resistance at $1.13094. The level $1.11871 was a strong support because the price had a similar reaction on that level in the past. This week...
EURUSD Forecast – Pair is Heading Down to $1.11871
EURUSD Forecast EURUSD chart analysis The price has reached the previous analysis goal and that is $1.13094 support level. The price started the week in bearish mode and stayed like that until Thursday . Then the price made a retrace after hitting the support level. As said last week the $1.13000...
EURUSD Forecast – Pair is Heading Down to $1.13090
EURUSD Forecast EURUSD chart analysis What was discussed in the previous analysis the pair has done. After a bullish Pin bar the price returned back close to $1.16187 and from there turned back down and reached $1.14748. The fall down from $1.16187 was strong, but the price stopped on the $1.14748...
EURUSD Forecast – $1.16187 Is a Turning Point for Bulls
EURUSD Forecast EURUSD chart analysis In the last two weeks the price has returned back close to $1.17200 resistance and formed a strong bearish candle. The price dropped down to $1.15462 which is current support where the price is holding. The bearish push down was not so strong to break below,...
EURUSD Forecast – $1.17200 Potential Selling Price
EURUSD Forecast EURUSD chart analysis In the previous analysis I have pointed that the price could break above $1.16187 which is the break point for bulls. After Monday ended the price found its way above this resistance and managed to stay above for the rest of the week. The candles formed from...
EURUSD Forecast – $1.16187 is a Bulls Break Point
EURUSD Forecast EURUSD chart analysis The small support at $1.15462 was strong enough to stop the price from falling down to $1.14748 which is strong support for the price. The price had indecision week where small indecision candles formed on the support confluence between horizontal support and...
EURUSD Forecast – Pair is Heading to $1.14748
EURUSD Forecast EURUSD chart analysis After breaking below $1.16187 in the previous week, the price made a small pullback to $1.16187. That pullback was in the form of a small bullish candle which did not close above. The next day we had price falling down which was a sign of bears and...
EURUSD Forecast – $1.17200 as a Confirmation for Bears
EURUSD Forecast EURUSD chart analysis Because of engulfing candle in the middle of the downtrend channel the setup from last week did not last for too long. The whole week was bearish and only Friday was a small bullish candle. Bears have overtaken the market and for the last three weeks they are...
EURUSD Forecast – $1.18000 Pullback
EURUSD Forecast EURUSD chart analysis The market did not move too far from the price it started the week which shows indecision in the market. We had a week started with indecision candles for two days and then a bearish candle on Wednesday. That move did not last for too long because on Thursday...
EURUSD Forecast – $1.16180 is Very Close
EURUSD Forecast EURUSD chart analysis On Monday the pair broke down from the confluence of support, but the day ended almost on the price the day started. It was a sign of confluence, but on Tuesday we had a nice bearish Pin bar pointing down because of daily close below Monday close. And on...
EURUSD Forecast – $1.19000 as a Double Top
EURUSD Forecast EURUSD chart analysis A bearish Pin bar was a signal there will be a bearish move. And the double top that was formed was also a nice bearish signal. From the week beginning the price has changed direction and moved down. The confluence of support stopped the price, but did not...
EURUSD Forecast – $1.19000 is a Breakpoint for Buyers
EURUSD Forecast EURUSD chart analysis Starting from the beginning of the week the price has climbed and there was no day with bearish candles. Meaning, there were buyers running the game this week. On Tuesday we can see bearish Pin bar right on the weekly resistance line and close to the downtrend...
EURUSD Forecast –Weekly Uptrend Line Resistance at $1.18000
EURUSD Forecast EURUSD chart analysis The week started in a bullish mode and ended with a bullish candle. After breaking above $1.17200 on Monday which was previous support, that level now acted as a support. The price nearly reached $1.17200 two days in a row by retracing back, but it could not...
EURUSD Forecast – $1.16187 as a Strong Support
EURUSD Forecast EURUSD chart analysis The price has reversed from the weekly up trend line and closed below $1.17200 support level I was mentioning last week. It took two days for the price to break below and after breaking there was indecision. Indecision candle has formed on Wednesday showing...
EURUSD Forecast – $1.17200 Is a Breakpoint
EURUSD Forecast EURUSD chart analysis The week behind has shown bears breakout below previous day candles lows which led the price to $1.17200 support level. Week started with small bearish candles and on Wednesday touched the support at $1.17200 and in the following two days reversed up to...
EURUSD Forecast – $1.16180 More Likely to be Reached Next Week
EURUSD Forecast EURUSD chart analysis The price managed to close below previous week low and this is the second week in a row the price closed the week lower. The whole week was moving slowly down where four of five days were bearish. Only Wednesday had a bullish Pin bar which reversed the price...
EURUSD Forecast – $1.17200 is the Key Support
EURUSD Forecast EURUSD chart analysis Week started with bears moving the market down and in the two days the price was lower than it was last week. The price reached a weekly up trend line and found support. It reversed back on Wednesday, but the following two days were bearish. Weekly outlook...
EURUSD Forecast – Bullish Signal Two Weeks in a Row
EURUSD Forecast EURUSD chart analysis The week ended with the price above the weekly starting price which was around $1.18600. The current price is $1.18729 which means bulls have made to close the week above open price. Looking from the start of the week the price moved higher to reach $1.19000...
EURUSD Forecast – Bears Still Have Space to go Down
EURUSD Forecast EURUSD chart analysis The price of EURUSD felt down more than previous week where four of five candles were bearish. The week started with a small bullish Pin bar, but the formation of the Pin bar was not at the right place to give significant meaning. That is why the market...
EURUSD Forecast – Bulls are Strong, but Not so Strong. $1.20000 as a Next Target
EURUSD Forecast EURUSD chart analysis This week offered a retrace back above $1.19000 which I have mentioned in the last weekly analysis. The price closed the week above $1.19000 which means the next resistance is at $1.20000. The price reached almost $1.20000, but as you can see the Friday candle...
EURUSD Forecast – Euro is Losing its Ground
EURUSD Forecast EURUSD chart analysis Last two weeks were pretty bad for the Euro currency because the price has fallen down to low levels which we have not seen since April 2020. The price started the fall two weeks ago on 09.06.2021. when the daily bearish Pin bar formed. Since then the price...
EURUSD Forecast – $1.20800 – $1.21800 Range
EURUSD Forecast EURUSD chart analysis With two Pin bars the price could not reach new highs. With the start of a week the price moved higher than last week's ended, but it has short lasted. On a third day the price returned back down to a confluence of support and formed another bullish Pin bar....
EURUSD Forecast – $1.21800 With a Bullish Sign
EURUSD Forecast EURUSD chart analysis This week was really messy where the price could not stay on one course, but it jumped up and down. The week started with a bullish scenario at the $1.21800 with the target at around $1.22800. Price reached $1.22660 and then reversed back down to $1.21800. The...
EURUSD Forecast – $1.22800 is the Next Stop
EURUSD Forecast EURUSD chart analysis The price broke above $1.21800 on Tuesday and we had strong buying sentiment. Then the market reversed back down to find support on the $1.21800 which happened on Wednesday. Reaching $1.21800 the price found support that pushed the price back up, but it did...
EURUSD Forecast – First $1.21800 and then $1.22800
EURUSD Forecast EURUSD chart analysis The price has done what was discussed in last week's analysis. The price touched $1.21800 and returned back down to $1.20800. Around $1.20800 the price spent some time until it found support for the next move up. The support the price found is on the previous...
EURUSD Forecast – Ready to go Above $1.21800
EURUSD Forecast EURUSD chart analysis The week has ended with the price close to $1.21800 level which is now resistance for the pair. The resistance area around $1.21800 was active two weeks ago. The $1.20800 breakout to the upside back then it was short lasting because the price returned down...
EURUSD Forecast – Bulls Now Have Job To Do
EURUSD Forecast EURUSD chart analysis It was hard to break above and the price action shows that with candles on the chart. Monday was a day when the price could not make its way, up or down. Tuesday was a day when the market decided to move up by forming a bullish Pinbar. That was the signal we...
EURUSD Forecast – Bulls are Rocking
EURUSD Forecast EURUSD chart analysis The price played out just like it was mentioned in the previous week's analysis. The price broke above $1.20000 and reached $1.20800 level. From the $1.20800 price bounced back down because lots of sellers entered and buyers cashed out their profits. The move...
EURUSD Forecast – Start of the Bullish Mode
EURUSD Forecast EURUSD chart analysis The pair managed to break above $1.19000 which turned the market slightly into bullish mode. After last week engulfing candle the pair has found strength to move 100 pips up and reach key level at $1.20000. The move last week was not so strong and the weekly...
EURUSD Forecast – Descending Channel Broken
EURUSD Forecast EURUSD chart analysis The price reverse happened and the $1.18400 was reached as was said in the previous weekly analysis. But, the price managed to get out from the descending channel and reach major resistance at $1.19000. After reaching resistance level at $1.19000, the price...
EURUSD Forecast – $1.18400 as a Possible Sell Entry
EURUSD Forecast EURUSD chart analysis Strong selling pressure pushed the price down to $1.17203 support level where the minimum price $1.17030 was reached. Week has started with small volatility and ended as a bearish candle. It was a sign that buyers are not able to do any change in market...
EURUSD Forecast – $1.19000 as a Possible Sell Entry
EURUSD Forecast EURUSD chart analysis As I said in the previous weekly analysis if the price breaks below $1.19000 and closes on a daily time frame it will probably move down. And that is what has happened in the last week. On Tuesday the price has strongly broken below $1.19000 which was a sign...
EURUSD Forecast – $1.19000 Is Still Holding
EURUSD Forecast EURUSD chart analysis We have an end of the week with the price around the same level where it started the week. The $1.19037 is still holding as a support. What we can see from the start of the week is that the price has moved to $1.19037 and from there reversed back up next to...
EURUSD Forecast – $1.19000 Is A Decision Level
EURUSD Forecast EURUSD chart analysis EURUSD pair price has seen some great movement this week. The price has started to sink down below $1.19000 and returned back up next to $1.2000 resistance. The pair is in the indecision area because strong support $1.19000 has held the price from moving...
EURUSD Forecast – $1.19000 Is the Key Support
EURUSD Forecast EURUSD chart analysis The bears have pushed the price down to $1.19000 support without too much fight. We can see the price has reached $1.20000 on Tuesday and made a retrace which was just bears getting out and cashing profits. After that the price sinked down to $1.19000....
EURUSD Forecast – Bulls and Bears are Not Strong Enough for a Breakout
EURUSD Forecast EURUSD chart analysis The price has managed to break higher this week, but the break was short lasting. In the previous week analysis I have said that if the price manages to break above $1.21280 we could see it moving higher. That has happened on Monday, and on Tuesday the...
EURUSD Forecast – Bulls Are Holding Range Area
EURUSD Forecast EURUSD chart analysis This week has shown indecision in the market where the first few days the price did not show clean direction. The week started with one indecision candle which then followed with a bearish Pin bar on Tuesday. That Pin bar suggested that the bears are not...
EURUSD Forecast – Indecision In the Market
EURUSD Forecast EURUSD chart analysis This week price did not behaved as predicted in the previous weekly forecast because the price did not moved down when it returned back to downtrend channel resistance line. The price managed to return back into area between $1.20800 and $1.21793 leves....
EURUSD Forecast – Price Found Its Way Down – Looking to Reach $1.19000
EURUSD Forecast EURUSD chart analysis The market has changed its direction and price managed to break below uptrend channel. The price has broken even below first support $1.20000 which did not show too much strength. What we can see in the chart is that the price has reached the $1.20000...
EURUSD Forecast – 100 Pip Range Still Holds the Price
EURUSD Forecast EURUSD chart analysis This week the price has made a bounce down to the first support at $1.20800. The price took three days to reach the support which means bulls were strong enough to hold the price on the upper side. On Wednesday the price has reached support confluence...
EURUSD Forecast – Bulls Holding the Price in Bullish Territory
EURUSD Forecast EURUSD chart analysis Last week I pointed out the price could reach $1.20800 level and bounce back to $1.21793. The price reached $1.20800 and bounced on Monday back up. In the middle of the week price has found sellers pressure so it returned back down to $1.20800. From...
EURUSD Forecast – Bears in Front of Bulls Wall
EURUSD Forecast EURUSD chart analysis Strong bearish candles last week was a sign of bears strength and that has been confirmed on Monday. The price has fallen down to $1.21500 which was a sign that the price will move down. The first step the price did was to retrace back to the uptrend...
EURUSD Forecast – Tough Fight Follows
EURUSD Forecast EURUSD chart analysis Monday was pretty unclear because a large bearish Pinbar formed after Friday's sell off. On Tuesday the price started to climb up and closed the day below previous candles close which was not clear sign will the price manage to break higher. Wednesday...
EURUSD Forecast – Small Range Area is Forming
EURUSD Forecast EURUSD chart analysis We had EURUSD making a bullish candle on the confluence support area right at the start of the week. As I said in the previous week EURUSD forecast the support $1.21793 was the support that holds the price from falling down. From there the price moved...
EURUSD Forecast – Holiday Support $1.21793 is Holding
EURUSD Forecast EURUSD chart analysis In the previous week forecast I have mentioned that the pair could make a retrace back to $1.21793 which happened already on Tuesday. The price retraced back strongly and formed a bullish Pinbar. The Pinbar shows us that the market is still backed up...
EURUSD Forecast – Two Steps Away From $1.25000
EURUSD Forecast EURUSD chart analysis EURUSD price has made a break above the resistance at $1.21793. The first intraday resistance level, $1.21430 was the first obstacle for the price. You can see that previous daily candles from the previous week could not close above that level which...
EURUSD Looking for Support to Move Above $1.21793
EURUSD Outlook EURUSD chart analysis EURUSD chart shows the price behaviour in the previous week. What is visible is the price pullback from $1.21793 to $1.20800 which is the first support level. It is the first support level after breaking outside of the uptrend channel. The $1.20800 level...
EURUSD Breakout from the Uptrend channel
EURUSD Outlook EURUSD Yesterday's chart analysis The price made three things I have mentioned in the previous week forecast. The price: Reached $1.20800 Made a pullback to $1.19300 - $1.19500 area Bounced back above $1.20000 After reaching the $1.20000 level the price bounced down as a...
EURUSD is Targeting 1.25000. History Could Repeat
EURUSD Outlook EURUSD Yesterday's chart analysis The market week behind us has done a huge move forward. The price has done two things I have mentioned in the previous week forecast. The price: Made a pullback to $1.18150 - $1.18200 area Bounced back above $1.19000 EURUSD managed to break...
EURUSD Ahead of Strong Confluence of Resistance
EURUSD Outlook EURUSD Yesterday's chart analysis In the analysis from the last week I said that the market does not look too bullish that would move the price easily up to $1.19000. The market overview shows just that. The week started with the open price at $1.18395 and closed on Friday with the...
EURUSD In the Middle of Range Area
EURUSD Outlook EURUSD Yesterday's chart analysis In the previous analysis I have pointed out that the two things can happen. the pair could reach $1.19000 and then make a pullback to $1.18200. Both points were realized last week in just one day, on Monday. The price did not stop at the $1.18200,...
EURUSD Back in the Uptrend Channel
EURUSD Outlook EURUSD Yesterday's chart analysis In the previous analysis I have pointed that the price could reach $1.16178 level and then make a pullback to $1.16700 - $1.17000 area. The price did just that and reached uptrend channel support level which is a confluence of horizontal resistance...
EURUSD Buyers Lost The Battle, $1.1546 is the target
EURUSD Outlook EURUSD Yesterday's chart analysis The whole week was in the bearish tone and the EURUSD has broken the uptrend channel. Wednesday, October 28, was the day when the market broke the trendline and made a pullback for testing. After the breakout confirmation the price continued moving...
EURUSD Heading to Strong Confluence Level of Resistance
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD found strong support at the $1.17000 and for the whole week the pair is moving higher. The rise of a price was stopped at the resistance level of a new uptrend channel. The resistance level forced a pullback, but the pullback didn't last for...
EURUSD Testing $1.17000
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD has made a pullback this week after it confirmed breakout from the descending channel. On Monday, October 12, the pair formed an indecision candle that stopped price moving higher. Since then the pair was making bearish candles. On Wednesday...
EURUSD – Bullish Breakout Confirmed
EURUSD Outlook EURUSD Yesterday's chart analysis The pair returned again inside range area that was active from July 27 until September 22. Bears could not hold the price below $1.17000. The EURUSD has fall down to the first support level at $1.16178 where it found buyers that stopped the price....
EURUSD HEADING DOWN TO $1.15462
EURUSD Outlook EURUSD Yesterday's chart analysis The price finally found a way outside of the range between $1.17000 and $1.19000. The range was holding the price for almost two months. The range started at the end of July and lasted until yesterday. The yesterday daily candle has closed below...
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 09, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price is moving as predicted on the yesterday 's analysis and on Saturday analysis. It is moving at a slow pace and breaking support levels targeting $1.17000. Yesterday the $1.17842 support level did not hold.when the price reached this support...
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 08, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price is on a slow pace heading down since yesterday when the market opened. It is still inside a small range between $1.18398 and $1.17842, but the price has managed to break below 4H trend line support. After the breaking the trend line...
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 05, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD price has closed the day in an area between two small resistance and support lines. The area between $1.18398 and $1.17842 has held the price previous week in between until the price has broken outside and reached new highs, $1.20000 level....
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 04, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price has done what I was saying in yesterday's analysis. The move down to the first support level at $1.17842 was reached and the price pulled back to the $1.18398 level. Yesterday was a trading day hard for EURUSD to reach the first support...
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 03, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The EURUSD has continued to move down and the price reached first support below $1.19000 which was mentioned in the yesterday analysis. The first support is $1.18398 which is a support confluence. At this level we have an uptrend support line that...
INTRADAY ANALYSIS FOR EURUSD, SEPTEMBER 02, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis We had a nice push to the $1.2000 level when the price reversed down almost 100 pips. After the break above the $1.19000 level we had a bullish Pinbar that took the price to the first resistance level at $1.19435. At that level we had inside bars...
EURUSD Back in the Range Area. $1.17000 is the Target
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 are two strong bearish candles that...
EURUSD Testing Upper Range Level for the Third Time
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 level on the last two attempts....
Daily Analysis for EURUSD, August 13, 2020
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 bulls are still holding and not...
Intraday Analysis for EURUSD, August 12, 2020
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 looks bearish. Many bearish candles...
Intraday Analysis for EURUSD, July 31, 2020
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. The price only made a small pullback...
Intraday Analysis for EURUSD, July 30, 2020
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 candles. One bullish candle has formed...
Intraday Analysis for EURUSD, July 29, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The bearish engulfing candle took the price a little lower. The price reached $1.17000, a round number where the support is. After that a few bullish Pinbar has formed and pushed the price higher to a strong resistance of $1.17406. The sellers could...
Intraday Analysis for EURUSD, July 28, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price has reached the target level I have talked about in the previous analysis. The entry point was also a good one with over 100 pips of profit. The price reached the $1.17406 level where the price stalled. The road to the $1.17406 was without...
Intraday Analysis for EURUSD, July 27, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis Yesterday the price managed to break above the $1.16178 level that was holding the price for almost a day. When the U.S. trading session started the price found buyers support and closed above strong resistance level. There were several candles that...
Intraday Analysis for EURUSD, July 24, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price has made a new high. A $1.16178 level was reached. Yesterday market behaviour shows us that we had a small pullback to the area near $1.15343 and from there we had a strong bullish candle. That bullish move drove the price to $1.16178...
Intraday Analysis for EURUSD, July 23, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price has made a new high. A $1.16000 level was reached. Yesterday market behaviour shows us that we had a small pullback to the area near $1.15000 and from there we had a strong bullish candle. That bullish move drove the price to $1.16000...
Intraday Analysis for EURUSD, July 22, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis Bears were not active on the market yesterday and the price managed to reach a long waiting $1.15000 level. On the yesterday morning the market was preparing for a move. We can see a bearish candle that has formed on the uptrend resistance line and...
Intraday Analysis for EURUSD, July 21, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis Saturday's analysis had several good points that were predicted correctly. The price pulled back on Monday open and the area near $1.14000 was reached. After that the price had another run to the uptrend resistance line. Confluence of resistance...
Intraday Analysis for EURUSD, July 18, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price reacted on yesterday's trading session when the London session was active. The price has moved higher to the previous high. The previous high is the $1.14373 level which is high on Thursday and Wednesday trading day. That level was reached...
Intraday Analysis for EURUSD, July 17, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price reacted on yesterday's trading session when the London and New York trading sessions were active. Yesterday's analysis predicted that we could see bearish movements because of the candle formation. If you did not read the analysis you can...
Intraday Analysis for EURUSD, July 16, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price reached new highs on yesterday's trading session when the London and New York trading sessions were active. New high at $1.1451 is reached, but the price did not stay too long. At that price we can see indecision candle which is broken...
Intraday Analysis for EURUSD, July 15, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD has managed to make its way above $1.13427. It has reached a $1.14000 level that was waited for a long time. It has been more than a month since last time when the price was at this level. After breaking above resistance level at $1.13427 the...
Intraday Analysis for EURUSD, July 14, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price reached $1.13427 and even higher than that. The push was from the traders who entered into the market yesterday. Only one bearish candle was seen yesterday and it was engulfing bar. While the engulfing bar formed in the middle of the...
Intraday Analysis for EURUSD, July 13, 2020
EURUSD Outlook EURUSD Friday's chart analysis The price still does not have a clean direction even after breaking above the resistance line. As we can see the Friday has offered us only a reversal back into the range area. A false breakout from the uptrend channel and above resistance line was...
Intraday Analysis for EURUSD, July 10, 2020
EURUSD Outlook EURUSD Yesterdays's chart analysis Yesterday was a day when we had a breakout from the uptrend channel. As was said in yesterday's analysis and in the email I have sent to G-Traders, if the price breaks out we need to wait for the pullback and retest of the uptrend channel...
Intraday Analysis for EURUSD, July 09, 2020
EURUSD Outlook EURUSD Yesterdays's chart analysis The price has been making indecision candles in the area where several candles did not manage to close above or below which would open direction for the future movement. From yesterday's analysis it took two more candles to break out, in this case...
Intraday Analysis for EURUSD, July 08, 2020
EURUSD Outlook EURUSD Yesterdays's chart analysis EURUSD has broken out from the indecision area that I have mentioned in yesterday's analysis. The break out took the price down to the first support area at $1.12806. Strong bearish candle has formed after the few indecision candles. That strong...
Intraday Analysis for EURUSD, July 07, 2020
EURUSD Outlook EURUSD Yesterdays's chart analysis EURUSD has broken out from the wedge pattern and from the downtrend channel. The price has risen up to the strong resistance level at $1.13427 which is the resistance level that price is trying to break since June 16. This is the third time the...
Intraday Analysis for EURUSD, July 06, 2020
EURUSD Outlook EURUSD Friday's chart analysis Friday did not offer too many movements and the price stayed where it was at the beginning of the day. The price did not break below the confluence level to test the previous strong support level at $1.11871. Confluence level of support consists of...
Intraday Analysis for EURUSD, July 03, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The price has returned back in the indecision area where we need to wait again to see what the price will do. Last 24h EURUSD pair has done a test of the channel downtrend resistance line and horizontal resistance line. The area where those two...
Intraday Analysis for EURUSD, July 02, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD has managed to break above from the small indecision area that was mentioned in yesterday's analysis. After a few indecision candles the price have fallen down to support level at $1.11871. The price formed a nice bullish Pinbar that had a...
Intraday Analysis for EURUSD, July 01, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis Yesterday's analysis was pretty close to the scenario that happened on the market. EURUSD has tested the support level around $1.11871. After testing the support level a nice bullish Pinbar has formed that pushed the price back to the resistance...
Intraday Analysis for EURUSD, June 30, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD did not do too much yesterday except going up and then going down where it started from. The one thing the price has done is close above $1.12366 which is now an important support level. Strong bearish candle that took the price from the...
Intraday Analysis for EURUSD, June 29, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD yesterday did not do anything clear that would guide us in some way. Looking at the daily time frame we can see indecision candle. It means the price did not find its way in any direction. In the H4 time frame we can see the price has done...
Intraday Analysis for EURUSD, June 26, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD has fallen down to its strongest support level in this range area. We have a range area that consists of the area between $1.11871 and $1.13427. I was waiting to see if the price came back to the support level at $1.11871 which is the second...
Intraday Analysis for EURUSD, June 25, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis After the yesterday's analysis, EURUSD has made retrace to $1.12806. On that support level we had a bullish Pinbar that was indicating the price could move further up. But, the price did not move up and instead it moved down. Two strong bearish...
Intraday Analysis for EURUSD, June 24, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD after the breakout from the wedge pattern reached first strong resistance at $1.13427. Yesterday's two strong bullish candles have drive the price very fast to the resistance level which indicates strong bullish momentum after the breakout....
Intraday Analysis for EURUSD, June 23, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis If you have received my yesterday's analysis as a G-Trader member, then you have seen that the EURUSD pair have done what was predicted. The price have made small bullish Pinbar on the strong support at $1.11871 and breakout from the falling wedge...
Intraday Analysis for EURUSD, June 22, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis On the yesterday's analysis I have pointed that we could see pullback to $1.12366. The price did right that and returned back to support at $1.11871. When the price touched $1.12366, it bounced back strongly with only one bearish candle that...
Intraday Analysis for EURUSD, June 19, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD has fall down to $1.11871 support and it did not make a move to the upper side. The two H4 Pinbar's on the support level at $1.12366 did not hold the price and could not push the price to the resistance line at $1.12806. The price have move...
Intraday Analysis for EURUSD, June 18, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis From the indecision candles that have formed after large bearish candle that brought the price down to $1.12366, we had a bearish Pinbar right on the strong resistance level, $1.12806. The Pinbar pushed the price down to support level at $1.12366,...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 17, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD have made a pullback as was discussed yesterday, but it did not pull back to $1.12806 as was said. The price pulled back down to $1.12366, a strong support that pushed the price up on Monday. Entry point from yesterday did not materialize...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 16, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD have bounced from the strong support confluence level that consists of horizontal support line and an uptrend support line. Bullish Pinbar was a sign that the support will hold. Between six H4 candles that have formed on the confluence level...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 15, 2020
EURUSD Outlook EURUSD Friday's chart analysis EURUSD have slide down to strong support level at $1.12366 which was said on Friday's analysis that it could happen. I have announced that we should wait for the price pullback to $1.13427 and wait for the bear price action signal. Bearish Pinbar have...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 12, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis EURUSD could not close above $1.14000, but bearish Pinbar formed after the price have slide down to $1.12806. Strong confluence level around $1.14000 was too strong to allow the price from moving further up. Strong bearish candle have drive the...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 11, 2020
EURUSD Outlook EURUSD Yesterday's chart analysis The EURUSD have done what I was talking about in yesterday's analysis. Price have gone up and bounced from the $1.14000 to the support at $1.13427. From there it has returned up but it did not reach the $1.1400 for the second time. As it looks like...
Intraday Analysis, June 10, 2020
EURUSD Outlook Yesterday's analysis EURUSD has made false breakout down after several indecision candles on H4 time frame. I have talked about possibility that price could make a test on the support at $1.12366 and make a bullish price action signal. If we take a look on the H1 time frame we can...
Intraday Analysis for EURUSD, GBPUSD, USDJPY and XAUUSD, June 9, 2020
EURUSD Outlook Pinbar from Friday have pushed the price down to the first support level and for now price is staying there. Horizontal support and H4 trend line are supporting the price from moving down. Few smaller Pinbar's have formed next to the support level but they could not push the price...
XAU/USD Intraday Technical Analysis
Yesterday’s chart on XAUUSD Gold have done bearish scenario where the price have broke below $1693.69 and touched near $1670.00. Now is located inside downtrend channel that was broken on May 29th. Strong bullish Pinbar on the strong support line shows a lot of bulls power. It is candle formed...
USD/JPY Intraday Technical Analysis
Yesterday's Summary The price have break above strong resistance level and now have stopped at 109.622 level. Bearish Pinbar's could not stop the price moving higher but at this level we have now small pullback. Outlook for USD/JPY We could see the price moving back down to 109.269 level. There it...
EURUSD – Price Targeting 1.1400
Yesterday's Summary EURUSD price have only one direction and that is going up. For now, nothing has stopped price reversing back and slowing it down. Yesterday price have pulled back to support level at 1.11871 after small bearish Pinbar have formed on the chart. That Pinbar was a sign that some...
EURUSD – Is This All From The Bulls
Yesterday's Summary In the yesterday's analysis I have pointed that the price looks very bullish and there could be possible move up to 1.12366 level. Price have break out from small consolidation on the confluence level and reached next resistance level. Price managed to break uptrend channel...
EURUSD – Bulls are Pushing Higher
Yesterday's Summary EURUSD bulls pushed the price from the consolidation area that is next to weekly trend line and 1.11091 level. Price have break out strongly with large bullish candle and stopped on the next resistance level. Resistance at 1.11871 is a confluence level where resistance and H4...
EURUSD – There is No Bulls Nor Bears Strength
Yesterday's Summary Yesterday did not give clear situation on the market. Price have stalled on the weekly trend line where trend line acts like a resistance. Below is previous resistance which now acts as a support line at 1.11091 level. Between those two levels price is moving up and down....
EURUSD – Bulls Are Testing Weekly Trend Line
Yesterday's Summary Price have moved more higher without making a pullback to the 1.10373 level. Price have managed to go further up after two H4 indecision candles have formed. Bulls were strong enough to bring the price to the 1.11448 level which was close to 1.11619 resistance level I have...
EURUSD – Friday, Day of Uncertainty
Yesterday's Summary I have pointed yesterday that we could see small bounce between 1.09860 and 1.10373 levels. That has happened and price bounced for two H4 trading session. After that price had very strong move up to the next resistance level, 1.10755. That level is also area where horizontal...
EURUSD – Bulls Are the Winners
Yesterday's Summary Yesterday was a day when the bulls have pushed the price through resistance level that was holding price since 14.04.2020. Back then it was the first time price have tried to break this resistance and failed. On the yesterday's analysis I have pointed that in the bullish...
EURUSD – Bulls Are in Control
Yesterday's Summary We had bullish scenario from yesterday's analysis where bulls managed to drive the price higher. Price have gone outside symetrical wedge pattern which is the second time it has done that.As I have pointed on yesterday's analysis, if the price manage to break out of the wedge...
EURUSD – Pair is in Consolidation
Yesterday's Summary I have pointed out on Saturday's forecast that the price could make a move into the previous range area. The test was done and the price have rejected after entering into the range area. First, price have stopped for a while on the upper side of the range area. It stopped on...
EURUSD – Back in the Wedge
Yesterday's Summary Price have managed to come back down inside wedge pattern and it has reached first support level. As discussed yesterday for bearish scenario price have returned back and stopped right on the upper level of the previous range area. It was pretty easy drop down with just 2...
EURUSD – Bulls Are Breaking Out From The Wedge
EURUSD trading pair price have shown fight that still is not over.Yesterday's Summary As discussed on the Yesterday's analysis about price closing above resistance level that is what happened. Price have closed above resistance level 1.09860 and it pulled back to the first support level at 1.0931....
EURUSD – Bulls are Still Holding
Yesterday's Summary Bulls have managed to drive the price even more up to the resistance level 1.09860 despite two long bearish Pinbar. Large Pinbar's were not strong enough to push the price back in the range to make indecision on the market. While the price have managed to go higher and cross...
EURUSD – Is This All From Bulls
EURUSD chart tells us that we had a bullish run in a few four hour trading sessions and that could be it.Yesterday's Summary Bulls have managed to drive the price up to the strong resistance area. That area was a strong resistance last time on 01.05.2020. when the price rejected strongly. After...
EURUSD Analysis – Shrinking Area Was to Tight
Yesterday's Summary Yesterday I have talked about the space that was shrinking and price could break out somewhere. And, break out pushed the price strongly above range area. Price needed only two candles to drive the price above range area and close above resistance level 1.09028. First sign that...
EURUSD Chart – Free Space is Shrinking
EURUSD trading pair analysis for today shows us that the price is holding back in the space between daily trend line support and horizontal resistance line.EURUSD Chart Friday's Summary Friday was a little bit messy where the price jumped up and down. Like I said it is better to stay out because...
EURUSD Chart – Waiting for the Breakout, May 15
EURUSD trading pair have stopped on the strong confluence support level. It has moved just like it was predicted by the yesterday's analysis. If you want to read what I was talking about yesterday you can check it on yesterday analysis. Yesterday's Summary Price managed to move down to the...
EURUSD Chart – Bears are Showing Power, May 14
EURUSD chart tells us a story where the bears have tight fight to pull the price down from the range area.Yesterday's Summary Yesterday was a day with great fight on the EURUSD market where bears have crushed bulls after bulls have tried to take the price higher in the range area. Range area is...
EURUSD Chart – Forecast for Wednesday, May 13
EURUSD trading pair chart shows us that we are back in the range area. Return from the support level 1.07825 was initiated by the inside bar and two strong bullish candles.Yesterday's Summary Support confluence level was to hard to break down and the price have moved up back in the range area....
EURUSD Chart – Forecast for Tuesday, May 12
EURUSD chart shows us that the price managed to break down from the range area.Yesterday's Summary As we can see the price managed to break down from the range area. It was the third time the price entered into range area in the previous two weeks. And most of the time bears have managed to bring...
EURUSD Forecast – Week Ahead, May 11-15, 2020
EURUSD chart is showing that the price is inside range area that was formed two weeks ago.EURUSD Chart Yesterday’s Summary As we can see yesterday was a day with indecision in the market. Price have rise up to 1.08508 level and made a pullback to 1.08275 support level as was predicted on...
EURUSD Chart Forecast – Back In the Range, May 8
Today's EURUSD chart analysis is showing us that we are again in the range area. Yesterday's Summary Bears have pushed the price back in the range area for the third time in the last two weeks. It seems that this area is an area between two very strong confluence levels.One confluence level is...
EURUSD Daily Chart Forecast – Thursday, May 7
Today EURUSD daily chart analysis is showing bears in control.At the confluence level we can see price stalling or rejecting because of many seller that gone out from a trade and buyers defending the level from breaking through. In our case buyers have stalled the price at the confluence level....
GBP/CAD Trading Setup – Possible Sell Off
Today I have found new trade setup that could give me good amount of pips. Monthly Time Frame GBP/CAD trading pair on the weekly chart have formed a Pin bar which points that there could be SELL opportunity. Monthly chart is strong indication that the pair could go lower. I am using also RSI...
NZD/USD analysis – SELL Opportunity Setup
Today, 05.11.2019. we have another SELL opportunity on the NZD/USD trading pair. We have several signals that are pointing down: D1 bearish engulfing bar D1 Divergence D1 resistance line Something that must be pointed here is that we are currently in small uptrend and the resistance is not...
