Tag: EURUSD

Apr 27
EURUSD Wave Analysis – 27 April, 2022

• EURUSD broke long-term support level 1.0640• Likely to fall to support level 1.0400 EURUSD currency pair under the strong bearish pressure after the price the long-term support level 1.0640 (the previous yearly low from the start of January). The breakout of the support level 1.0640 accelerated the active impulse waves 5 and (3). EURUSD […]

Mar 31
EURUSD Wave Analysis – 31 March, 2022

• EURUSD reversed from resistance level 1.1140• Likely to fall to support level 1.1000 EURUSD currency pair recently reversed down sharply from the key resistance level 1.1140 (former strong support from January). The resistance area near the resistance level 1.1140 was strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of […]

Feb 03
EURUSD Wave Analysis – 3 February, 2022

• EURUSD reversed from support zone • Likely to rise to resistance level 1.1470 EURUSD currency pair recently reversed up sharply from the support zone lying between the major support level 1.12 (which has been reversing the pair from the middle of 2020) and the lower weekly Bollinger Band. This support zone was further strengthened by […]

Jan 18
EURUSD Wave Analysis – 18 January, 2022

• EURUSD reversed from resistance level 1.1470 • Likely to fall to support level 1.13 EURUSD currency pair recently reversed down from the resistance level 1.1470, intersecting with the upper daily Bollinger Band and the daily up channel from November. The downward reversal from the resistance level 1.1470 is aligned with the clear daily downtrend. […]

Jan 08
EURUSD Wave Analysis – 7 January, 2022

• EURUSD reversed from key support level 1.1265 • Likely to rise to resistance level 1.1380 EURUSD currency pair recently reversed up from the key support level 1.1265 (lower boundary of the sideways price range from the middle of December). The upward reversal from the support level 1.1265 started the active short-term impulse waves C. […]

Jan 06
EURUSD Wave Analysis – 30 December, 2021

• EURUSD reversed from resistance level 1.1370• Likely to fall to support level 1.12 EURUSD currency pair recently reversed down from the pivotal resistance level 1.1370 (which has been steadily reversing the price from the middle of November). The resistance zone near the resistance level 1.1370 was strengthened by the upper daily Bollinger Band, 50-day […]