Recent content by Frano Grgić

GBPUSD Forecast – Price Heading to $1.24600 The Pin bar formed right on the support level, but the support was without confirmation. The bearish Pin bar was cancelled with Tuesday’s strong bullish engulfing bar that was a confirmation that the price will see higher levels. The price is...

EURUSD Forecast – $1.07825 Confirmed, $1.08846 Breakout Needed It was mentioned that the price is in between support and resistance level, between $1.07825 and $1.08846, and it needs to move somewhere outside of this range. The price did not move outside, but bounced between these two levels...

GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level The price started the week with a small bullish candle and ended the week with a small bullish candle which makes the week bullish. Thursday and Friday candles returned the price higher and closed the week as a bullish. The price is...

EURUSD Forecast – Breakout Confirmed, Target $1.07825 The price managed to continue to move up and eventually broke above $1.06736. On Friday the price closed the day above $1.06736 resistance line which opened a door for the price for future move to the upside towards $1.07825. If we take a...

EURUSD Forecast – Key Level $1.05825 Under Testing The price has started the week with an indecision candle where the price has touched $1.05825 resistance and $1.05087 as a support level. Now the price is on the support level $1.05825 that should hold so the price can move again on higher...

EURUSD Forecast –$1.05825 is the Key Level for the Bulls The price started to move up on Monday and it reached $1.05825 resistance level where the price bounced and returned down and closed the day below $1.05087. On Friday the price bounced again from the $1.05825, but we need to have in mind...

EURUSD Forecast –$1.07825 is the Monthly Target The price formed a bearish Pin bar on a Monday and the price returned back down close to $1.02669 which is daily support level. The price did not stay for too long because the demand zone around $1.02669 pushed the price up on Wednesday with a...

The price continued its move to $1.02669 on Monday, but since Tuesday the price was forming bullish candles. The price reached the demand zone around $1.02669 where we have a confluence of support and from there the bulls pushed the price upwards. The next level for the bulls is at $1.05087...

We can see on the chart the price formed a small bullish Pin bar on Monday and the price started to move to a higher level. The price broke above $1.01368 on Tuesday, but the price returned back down. I am expecting the price to move down slightly, around $1.02000 or above, and continuing to...

The price formed a strong bullish engulfing bar breaking $1.01368 resistance level. On Friday the price returned down close to $1.01368 and tested this demand zone as a support and then returned back up and broke the $1.02669 resistance level. Week ahead will show some price fall to the first...

The Monday candle has closed below support level and continued to move down in the following days. On Tuesday we have a bearish Pin bar suggesting move down after testing the previous support now as a resistance at $0.99134. Weekly candle has closed as a bullish Pin bar on the critical level...

The price closed above $0.99134 which was the resistance level and supply zone that was holding the price for a while. The breakout was confirmed on Wednesday when the second bullish candle formed and reached $1.00900 level. The next week on Monday will be the last day in this month which is...

The price did not return back down and test the $0.96716, but it moved to the upside and tested the previous small resistance as a support level. Since the price managed to close the day above previous daily candles this is indication we will see the price more higher. The next level for the...

The price had indecision on Tuesday and Wednesday which shows sellers and buyers strength to move the price in their direction. This shows a false breakout from the indecision area to the upside so we could expect a move to the downside at least to the $0.96716. The daily overview shows that...

Previous EURUSD forecast mentioned the price could reach $0.99134 and the price succeeded in the first two days. With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will move down. The price is falling down and the next...