Hello to all dear traders In the one-hour time frame, it seems to be pulling back to 1.11600. A bearish idea will occur around 1.12330.
Hello dear traders An idea was drawn on the chart. Euro seems to have a downward fall to the range of 1.8780 and then we will have an upward movement to the range of 1.10845 and finally there is a big drop that will continue to the range of 1.6545.
Hello trader friends The dollar index seems to be falling to the 102.000 range and I expect a strong upward movement in this range. Therefore, we recommend not to go against the direction of the market in this range.
Hello to all dear traders Euro looks like it is going to form the pattern in question on the above chart and we will see a drop around 1.10106. Therefore, I recommend that there is no buy position in the range of 1.10106 and I also recommend selling orders in this range.
hello friends I presented two euro scenarios, the bullish scenario takes a higher percentage. Good luck.
hello friends For the euro, we expect an upward movement to around 1.10095 in the 15-minute time frame.
hello friends In the chart above, you can see the supports and resistances, and we can see that the price fluctuations are moving between these supports and resistances. I think that in the 15-minute time frame, we have a pullback to lost support, and then a drop to the range of 101.284.
hello friends Well, it seems that the euro, unlike the dollar index, is aiming for an upward pullback, and after some correction, according to the pullback, it will move towards the target of 1.10600 to 1.10800.
hello friends According to the previous analysis, as predicted, the trend started to increase during the analysis, and due to the completion of the inverse head and shoulder pattern, we can consider a new upward movement up to the level of 102.576.
hello friends I think that according to the possible direction of the chart above, the initial target of the dollar index in case of failure is 101.830, the target is 102.382.