EURUSD Forcast for 15th Feb,2023As a result of CPI, EURUSD touched the 1.08 level on 14th Feb but there was a strong resistance and hence it fell down almost 800 Pips. For a proper trade set up please keep in mind the following levels.
14th Feb
DH - 1.08044
DL - 1.07072
15th Feb
Pivot - 1.0749
R1- 1.0792, S1- 1.0694
R2- 1.0847, S2- 1.0651
R3- 1.0945, S3- 1.0554
* EURUSD should break the pivot in the upward direction to target 1.0792 and 1.08044
* A return to 1.0750 will mark a bullish behavior
* If the Pivot is not broken in the upward direction then we can see a fall to 1.0694
* If the price reaches 1.0650 level then it would probably limit the sell off .
* If the price moves above 1.07438 and 1.07527 then it could give a bull run to 1.07762 and 1.0792
* If it is unable to break 1.07438 then it can come down to 1.0694
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EURUSD Forcast for 14th Feb,2023The instrument has finally given up on the bearish scale and now have started showing Bull Trend. Following are some of the levels which needs to be kept in mind while trading today.
13th Feb -
DH - 1.07299
DL - 1.06555
14th Feb
PIVOT - 1.0701
R1- 1.0747, S1- 1.0673
R2- 1.0776, S2- 1.0627
R3- 1.0850, S3- 1.0552
* EURUSD should avoid going below the pivot , so that it can target R1 1.0747
* A move above 1.07299 would signal a bullish session.
* If it falls through the Pivot then it can go down to S1 1.0673
* To avoid extra sell off it should avoid levels below 1.06
* A move above 1.07438 and 1.0747 would give a bull run to 1.07553 and 1.0776
* Failure to break 1.07438 level in the upwards direction would bring EURUSD down to 1.0673
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EURUSD Forecast for 13th Feb The instrument still lacks a major Bull Party but have started showing some mild bullish behavior. Please watch out for the of the important levels for a proper trade set up.
Last Trading Session
DH - 1.07527
DL - 1.06661
Today's Level
PIVOT - 1.06980
R1- 1.0731 , S1- 1.0644
R2- 1.0785, S2- 1.0612
R3- 1.0871, S3- 1.0525
* The instrument needs to break the pivot in the upward direction to target the first major resistance of 1.0731 and 1.07527.
* A return to 1.07 level would signal a bullish behavior.
* If the Pivot is not broken in time then we can see a slide to 1.0644.
* Should avoid levels below 1.06 for a major sell off.
* However if a major sell of comes then reaching 1.06120 level would limit it.
* An upward move through 1.0731 and 1.07467 could give a bull run to 1.07708 & 1.0785
* Failure to break 1.07467 level could give a downward move to 1.0644
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EURUSD Price Forecast 10th Feb 2023The instrument is highly going on a range bound process with a lot of volatile in nature . Some major news today can add to the volatility. Please look for the following levels for a good trade set up.
9th Feb
DH - 1.07908
DL - 1.07089
10TH FEB
Pivot - 1.07460
R1- 1.07820 , S1- 1.07000
R2- 1.08280, S2- 1.06630
R3- 1.09100, S3- 1.05810
* Needs to break the pivot upward to target R1 1.0782 and 1.07908.
* A move above 1.0750 will signal bullish behavior.
* If Pivot is not broken then downward move to S1- 1.0700
* S2 1.0663 should limit the sell off
* If 1.07502 is broken then we can see a bull run to 1.07820 and 1.07982 and 1.08038
EURUSD Trade Analysis for 8th Feb,2023The instrument really played well yesterday and it finally rebounded back couple of 100 points. Which clearly shows the pause to the down trend. We can probably see a Range up till 1.07600 if bulls comes into play. Following are some of the levels which needs to be taken care off.
7th Feb -
DH - 1.0767
DL - 1.0669
Pivot - 1.0720
* R1 - 1.0770 , S1 - 1.0673
* R2- 1.0817 , S2 - 1.0622
* R3 - 1.0917 , S3 - 1.0525
If the instrument reaches back to 1.0750 level then we can take it as a mild bullish behavior of the pair.
* If Pivot is not broken then it may fall to S1 level and finally to S2 and then a possible downside momentum would start again.
* A move through 1.07665 would again signal a bullish behavior of the pair.
* A fall fall through Pivot would bring the pair to S1 and a sell off of 1.0650 should be avoided for a major downtrend move.
* If the pair falls though S1 THEN IT MAY BRING THE INTRUMENT TO 1.0622 AND 1.0600
* However if it moves up the pivot and stays there then we can see a rally till 1.07513 and 1.0770 with a possible target of 1.0817
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EURUSD Trade Analysis for 7th Feb,2023The instrument is on a Bear run for the last couple of days, it clearly indicates that the Bulls are in stealth mode. As for the the instrument has sold off enough and will now have a corrective mode in near future. Following are some of its important levels.
6th Feb -
DH - 1.07989
DL - 1.07098
Pivot - 1.07450
R1 -1.07850
R2- 1.07850
R3- 1.09240
A return to 1.07500 level would indicate a mild bullish behavior.
S1- 1.06900
S2- 1.06550
S3- 1.05650
If pivot is not broken then the support levels will come into action. But a decline to 1.06550 will indicate the end of downside momentum.
If we attain the 1.07527 level and it is broken then we can have a small target at 1.0780 and a bull run to 1.08324 and 1.08340 would be highly possible.
On the other hand if it fails to break the 1.07527 level then we can see a downside move towards the support levels.
EURNZD 1H BUYDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURUSD - 30M PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURUSD Next Move Depends on Strong Resistance(1 Week Prediction)All Local and Major Support/Resistance are mentioned on the chart and your can put Short/Long trade after confirmation...
I am long with this scenario...
Please do your own research before entering into this stable/Flat market...
Major Resistance @1.07542
Local Resistance @1.07043
Local Support @1.06256
Major Support @1.05782
Thanks for your support...
EURUSDThe EURO DOLLAR seems to be bullish in the short term, buyers has been pushing up and they wanted to reach the resistance around 1.0600 which is falling trendline resistance. Currently the price is trading within horizontal resistance which is now acting as support, around the resistance and price is testing the breakout, there's raising trendline, and bullish flag printed there, all those signs signaled for bullish continuation to the 1.0600 resistance for the pullback. However trading below the horizontal resistance may signal for bearish movement. But we look ahead to fundamental aspects, dollar is being more weak for FED's pivot and expectation to halt for increment of interest rates.
EURUSD next move (1 week Prediction) with one hour chartAs per previous chart history, EURUSD can move according to the points as mentioned below:
Short below @1.02600
Local Support Line @1.00980
Major Support Line @0.99000 below this blood bath in EURUSD but if reversal then these support lines (Local, Major) will work as resistances.
Long above 1.03100
TP1 @1.03300
TP2 @1.03800
TP3 @1.04100
These are my calculations and not investment advice. Do you own research below putting any trade because market is very volatile.