muhddans01012

muhddans01012 Updated 

Price broke through months high as expected at 1.21808 previous analysis linked below

muhddans01012 Updated 

The eurusd recently made new months high at 1.21808 and I believe that price will break this resistance and push higher. Price is currently supported by the 1.21400 key level which has acted as strong resistance in the past. We are currently in an uptrend which you can see by the trendline the price has been respecting. There is still dollar weakness as the US...

muhddans01012

price currently pushed down from 118 key level and now failed to break through years low at 116.287. I see a head and shoulders pattern on the H4 and I believe the price will retrace to 117.596 before we get a continuation to the downside. Wait for price action confirmation before getting in long. The idea becomes invalid should the price fall below 116.597

muhddans01012

The dollar index failed to break the 91.00 key level and the price continued its almost one year's downtrend that started in March 2020. price has tested a key level of 90.00 which I believe the price will break and continue its bearish move to test this year low at 89.209 or even lower and I also see a head and shoulders pattern on the Daily time frame. The dxy...

muhddans01012

price broke through previous support and should continue its bullish move

muhddans01012

Price has broken an upward trendline and now is in an upward wedge pattern which is usually a reversal pattern. Break of this pattern could result in price falling to 1.07194 which is also the weeks high. İdea becomes invalid should the price fail to break upwards wedge pattern.

muhddans01012

price made years high at 0.99012 which was a level the market had not reached since 2018 making the best gains for three years. The price looks like it is failing to go back and test 0.99012 after the price broke through an upward trendline and is now in a consolidating stage. İ believe the price will fall towards this year's low or somewhere around that area if...

muhddans01012

possibility for continuation to the upside after price breaks through months high with target at 1.22000. I still see weakness in the USD so I have hopes for eurusd bulls.

muhddans01012

possible short

muhddans01012

long

muhddans01012

we have two possible moves for price. İf price manages to break through the trendline I see it going to test this month high but if it ails we should see a continuation of the trend

muhddans01012

possible continuation to the downside after price broke through support and is now testing it. Wait for price to fully show signs of rejection before getting. idea becomes invalid if price should fail to reject support line

muhddans01012

possible continuation after correction to 118.00 for the price to test years high or breakthrough. we also have the 0.618 fib zone correlating with our support zone. if the price should break the support zone the idea becomes invalid.

muhddans01012

long or short. Wait for breakout and break and retest. React to market movements don't predict

muhddans01012

possible continuation of price after a break of resistance

muhddans01012

possible test of fib level

muhddans01012

break of the trendline and also strong bearish momentum

muhddans01012

possible continuation to the upside after price tested out support level( buying area) which has pushed the price up multiple times. I expect the price to go back and test today's high again either this week or next week