EURUSD chart forecast
In the name of God
Hi
The current price is in the range ( blue BUY ZONE ). Several modes can be considered:
Of course, given the economic data that is about to be released, and given the level of support that exists, it is very unlikely that the price will move below the purple ( BUY ZONE ) level.
In my opinion, the bullish market and the volatile market are the most likely.
Also, since the chart is in a downward trend, the floor and ceiling of this canal are a good place to enter.
This is my first analysis. I hope you help me become a professional with your good comments.
Hi
The current price is in the range ( blue BUY ZONE ). Several modes can be considered:
- 1- The price should move upwards and towards ( SELL ZONE ) after a pullback. ----- LONG
2- The price should move upwards and then downwards after a pullback. Simply put, a volatile market.
3- The price should move downwards and towards ( purple BUY ZONE ) after a pullback. ----SHORT
Of course, given the economic data that is about to be released, and given the level of support that exists, it is very unlikely that the price will move below the purple ( BUY ZONE ) level.
In my opinion, the bullish market and the volatile market are the most likely.
Also, since the chart is in a downward trend, the floor and ceiling of this canal are a good place to enter.
This is my first analysis. I hope you help me become a professional with your good comments.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.