HelenP. I Euro may soon reverse and test support near $1.1655Hi folks today I'm prepared for you Euro analytics. If we look at the chart, EURUSD has been climbing steadily within an uptrend, bouncing multiple times from the trend line and making higher highs. However, despite the recent bullish structure, the pair is now showing signs of slowing momentum. The price is approaching a possible turning point near the top, and the latest candles show hesitation. Now the pair is trading near 1.1790 and still staying above the trend line, but I believe it may rise a bit more and then break down below the trend line. Once this structure is broken, I expect sellers to take control and push EURUSD toward the nearest support zone between 1.1655 and 1.1630 points. This zone acted as a key level in the past and may serve as the next area of interest for buyers. Given the extended movement and potential loss of bullish pressure, I remain bearish and expect EURUSD to move down to retest support. The level of 1.1655 is my current goal. If you like my analytics you may support me with your like/comment ❤️
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Eurusdd
TS ❕ GOLD: short to 1809In the very near future, it is assumed that the price of all such will fall to the previously set targets. Only a price close above 1827.950 can cancel the short.
SELL scenario: A false breakout of the level of 1827.950 will be an excellent signal for a short. The current target is the support level 1809.985.
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Thanks for the likes and comments.
EURUSD Bearsih pattern Wedge on H1 timeframe !Pattern Wedge on EURUSD currency pair by T1
and T2 trendlines. This is bearish wedge
and forecasts short reverse movement,
little gain for USD. Also check the fibonacci
retracement for last bearish trend, the first
support level is 61%, around 1.1855
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
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