ForexTrendline

ForexTrendline

Yesterday, EURUSD broke above resistance and reached 1,0387. This opens the possibility for further movement toward the previous high at 1,0585. The week started with significant fluctuations, setting the stage for the next moves. Watch for a higher low and potential buying opportunities. On Friday, the U.S. jobs report is set to be released.

ForexTrendline

Yesterday, EURUSD managed to recover and reached resistance at 1,0350. Now, the important question is whether we’ll see another decline or a higher low followed by a new bullish move. The significant fluctuations from yesterday will shape the next price movements. At the current levels, there is no clear reason to enter a trade. Consider looking at JPY pairs...

ForexTrendline

EURUSD starts the new week with a gap of over 100 pips. The US is set to impose tariffs on Canada, Mexico, and China. The market reaction is a shift away from risk, leading to the sell-off of almost everything and a surge in USD buying. This suggests that the bearish trend in EURUSD on the H4 timeframe will continue. At the current levels, there are no...

ForexTrendline

The interest rate decisions from the Fed and ECB have passed. Yesterday, EURUSD attempted a new upside move but was rejected at 1,0468. Now, you should watch the support levels for another potential bounce and a new attempt to rise. The current levels are not suitable for new trades.

ForexTrendline

Yesterday, the FED kept interest rates unchanged. Today, the ECB is expected to cut them by 0.25%. The announcement is scheduled for 1:15 pm (GMT), followed by a press conference 30 minutes later. The technical analysis remains unchanged. Watch for reactions at key levels after the news.

ForexTrendline

Yesterday, EURUSD didn't do much as the market awaited key news. Today, the FED will announce the interest rate, followed by a press conference 30 minutes later. This announcement will have a significant impact and determine the next market move. It’s advisable to reduce risk before the news and watch for reactions at key levels.

ForexTrendline

Yesterday, EURUSD pushed slightly above the previous high but then pulled back. This week’s news will determine the next move. Watch for a bounce off support or a reaction if it drops below previous levels. This could open opportunities for further buying. At the current levels, there’s no reason to enter a trade.

ForexTrendline

This week, the FED and ECB will announce interest rates. These events will cause significant market volatility and shape the pair's next moves. On Friday, EURUSD continued climbing, reaching 1,0521. Keep an eye out for further gains before the news, followed by a potential correction at key levels. Lower your risk and trade only when there's a solid reason!

ForexTrendline

Yesterday, EURUSD formed a higher low, bouncing off 1,0369. Now, it’s once again testing the key resistance at 1,0466. All buy positions remain active, with potential for new entries either after a breakout or another bounce. The next resistance level and target for the bullish move is 1,0568!

ForexTrendline

Yesterday, EURUSD hit 1,0457 and bounced back. The bullish move on the 1-hour chart is still holding, with the goal being to break the previous high. The next key resistance is at 1,0466, and we might see another pullback from that level. These are additional opportunities to profit from the sideways movement!

ForexTrendline

Yesterday, EUR/USD bounced off the levels above 1,0300 and retested the previous high. This opened opportunities for buying and confirmed the idea of a potential bullish move. The next resistance levels are at 1,0466 and 1,0568. Entry points should be made after a correction or following a breakout and retest of the previous high!

ForexTrendline

Yesterday, EURUSD rose to 1,0434, breaking above the previous high. This opens the possibility for a deeper correction of the overall downtrend. The first target is the 38.2% Fibonacci retracement level at 1,0568. Levels above 1,0300 will act as support, and if the price bounces from there, it could be a good opportunity to buy. The idea becomes invalid if the...

ForexTrendline

EURUSD has been in a downtrend for four months now. Last week, we saw a rise to 1,0354, forming a lower high. The next goal is to test and break the previous low. Keep an eye on whether it has the strength to continue, and avoid trading against the trend!

ForexTrendline

Yesterday, EURUSD failed to continue its decline and held below the 1,0300 level. This may also happen today today. Keep an eye out for a new rejection and a break of the previous low. The goal remains to continue the downtrend!

ForexTrendline

Yesterday, EURUSD reached the resistance zone and bounced off it. This opens up new selling opportunities. The target is to test and break the previous low. Keep an eye on how the downtrend unfolds and reduce risk when possible. The setup is invalidated if the price moves above 1,0355!

ForexTrendline

EURUSD climbed to 1,0300 and is holding steady at that level. Today, inflation data from the U.S. will be released, which will likely determine the next move. Keep an eye out for a rejection at the resistance levels, as that would confirm the downtrend. If the resistance is broken, it could signal a deeper correction and a trend reversal on the smaller timeframes.

ForexTrendline

Yesterday, EURUSD tested the levels below 1,0200 but failed to hold. Tomorrow, the U.S. inflation data is expected, which will influence the next move for the USD. Before the news release, there’s no reason to enter new trades. The first resistance level is currently at 1,0311. A reaction at this level could be a confirmation for the next move within the downtrend.

ForexTrendline

On Friday, EURUSD tested the previous low following the news. This confirms the downtrend, leaving selling opportunities as the only option. This week, the key news is on Wednesday, when inflation data will be released. This is the next major event likely to have a significant impact and could trigger a correction.