FX:EURUSD has been navigating sideways since January amid economic challenges, rising interest rates, and Western economic uncertainties.
Approaching yearly resistance at 1.10806, a rebound towards 1.05335 support is expected. By the end of the first financial quarter, a breakthrough of yearly resistance is anticipated, solidifying new support.
This...
EurUsd we are in a downtrend creating HL and LL, now what we expect to happen is to fall to the area 1.20527 where LL will be formed and in that area is also our target.
This H&S pattern has been developing over the last two weeks and we are monitoring this closely. Entry, Risk, and Target noted on chart. Again we will not execute until confirmation of the pattern has been made.
Dear Traders,
There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison.
Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875,...
