EUR/USD : Approaching Critical Demand Zones! (READ THE CAPTION)

4 days ago

By reviewing the #EURUSD chart in the three-day timeframe, we can see that the price has currently reached a very important demand zone, and the probability of a price reversal from this level is high! However, note that I personally have another scenario in mind, which is that after an initial short-term rise in the current area, the price will decline again to the very important demand zone of 1.005 to 1.007, and then, with a suitable trigger in this area, we can look for an attractive BUY position!

All key levels and important zones have been marked on the chart! If you have any questions, be sure to ask, and I will try to respond as soon as possible!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

3 days ago

Trade active

By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price reacted positively to the current level, as anticipated, and is currently in an uptrend. However, based on my analysis, this growth is unlikely to last long. If the scenario plays out, we should soon look for a trigger to enter a SELL position targeting lower levels. Later, with a suitable trigger in the 1.005 to 1.007 range, we can enter a BUY position. This analysis will be updated step by step as the price progresses.

2 days ago

Note

By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still climbing as per the analysis, currently trading around the 1.030 level. The CPI announcement today will be crucial in determining whether the Euro continues its upward momentum. I remain committed to the first scenario of BUY first, then SELL, which is still valid. The potential bullish target for this analysis is 1.044. This analysis will be updated as the situation evolves.

yesterday

Trade closed: target reached

By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still in an uptrend, currently trading around the 1.030 level. If the price holds above the 1.020 demand level, further growth can be expected, with an initial target of 1.044. So far, the total gain from this analysis has been over 170 pips!