1.16195 is a major support and resistance level on the monthly timeframe. EURUSD might struggle to break it. If it breaks, next support level is 1.14272.
Waiting for the news to come in to make the EUR stronger. Most probably this analysis will be hit by a news event. Hope for the best with the Prez's speech which is in few hours.
Dear traders,
as I have become accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks... went up again in the area 1.19500-1.2 from where it went down again!
as you can see on the chart for 1 week, I expect that in the next...
There is a major demand zone in "ENTRY GREEN" and a perfect fibo retracement at that position which gives the high probability of bull run along the time :)
I posted an analysis of EURUSD couple of days ago and few hours ago the price has just reached where i told you in the analysis with 60 pip profit!
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Lately EURUSD made downward impulsive move and now is ready for pullback 📈
Things to consider:
1. Daily impulse and correction pattern spotted
2. Retracement started and target is 0.382 on Fibonacci
3. COT data shows that hedge funds have been longing EUR so it will rise for sometime now!
How to enter:
1. Study the chart as shown in my analysis
2. Enter when the...
Dear traders,
as I have become accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks... went up again in the area 1.19500-1.2 from where it went down again!
as you can see on the chart for 1 week, I expect that in the next...
