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Eurusdsignal

EURUSD ANALYSIS OVER H4 CHART.Technical outlook From a technical perspective, the RSI (14) on the daily chart is already flashing extremely oversold conditions. This makes it prudent to wait for some near-term consolidation or modest rebound before positioning for any further losses. Hence, any further decline below the 1.0000 psychological mark is more likely to find decent support near the lower end of a multi-month-old descending channel, currently around the 0.9980 region. Some follow-through selling would be seen as a fresh trigger for bearish traders and make the EUR/USD pair vulnerable. On the flip side, any attempted recovery could be seen as a selling opportunity near the 1.0070 region. This, in turn, should cap the EUR/USD pair near the 1.0100 round-figure mark. The latter should act as a pivotal point, which if cleared decisively could trigger a near-term short-covering bounce. Spot prices could then climb back to the next relevant hurdle near the 1.0180-1.0185 zone.
Short
by charliedavies770
EURUSD | Good Buy Opportunity!If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofprofile
4
EURUSDDear 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 period the EU will range in the area 1.18500-1.2, following that at the first weekly closing above these values to give the trend of the next period..but, I still bet on SELL until at target 2! ...even if there is a significant withdrawal because EUR is under pressure, I will remain in SELL until my final target .... 1.16 and the perfect formation of the letter M THIS WEEK...This week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ... Exactly as i told you in the last few months the EU has reached my target no. 2 and now i am starting a new analysis for the next period! Even though on the 1 month chart the EU has closed below the support formed in recent years ( an extremely strong area), I expect an aggressive retreat move to around 1.17 or even higher and after ... I think it will tests for the first time this year area 1.15 ... my final target NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
1