Search results

  1. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    In the EURUSD previous analysis I have mentioned the price is targeting $1.09860 and the price done that. And if the price breaks below that price we could see the price heading down to $1.08846 if the $1.09860 is broken. On Friday the price broke below even more and almost reached $1.07825...
  2. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Monday was the day when the market made a decision where it will move for the whole week. We can see a bullish Pin bar formed on Monday on the $1.09860 support level. Thursday ended as a bearish engulfing candle which closed below $1.10755 support level. That was a sign the price will move...
  3. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    If we check previous analysis we can see I have mentioned several things. First one is that we could see the price returning back down to $1.09860 which is support for the price. A nd the price has done that. The price formed a bullish Pin bar on Tuesday which was a signal to enter into the...
  4. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    On Monday the price made a bullish candle with a large wick on the upper side next to $1.09860 resistance. On Thursday we can see the price making new highs and closing the day above $1.10755 resistance level which is a strong signal. Because the price has broken above a strong confluence of...
  5. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Daily time frame because you have much better signal and you have more time to analyze. Thus you have less time needed to sit in front of your PC.
  6. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    On Monday the price continued to move down and reached an area of supply close to $1.07825 and bounced up. The move up was more retrace than a bounce because the price has reached all two levels I have mentioned, $1.07825 and $1.09860. The reason is in the demand zone close to support $1.07825...
  7. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    In the previous two weeks the price is in bearish mode without any signs of recovering in the short term. We had one bullish Pin bar on the support level at $1.10755 which was a confluence of support where horizontal support line and downtrend channel are crossing. We can expect next week to...
  8. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    As planned in the previous analysis the price reached $1.13000 and bounced back up. Week started with price heading down and entering into the range area. If the price makes a breakout to the upside it should close above $1.14000 to start looking for bullish entry levels. This will mean the...
  9. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    The price started the week with weak bearish candles where the candles closed close to support at $1.14000. That support level is a confluence level of support where we have a downtrend channel line that supported the price from falling down. We can expect the price to reach the support level...
  10. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Starting from Monday we can see bulls have taken over and push the price back in the downtrend channel. The price is close to the scenario where the market shifts from completely bearish market sentiment to bullish sentiment. If the price manages to close above $1.14748 and then $1.15462 we...
  11. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    The price has dropped strongly after the first two days where we can see two bearish candles with large wicks. Those wicks representing the price had a strong support at the $1.13094 level. What we can expect in the following days is the price returning back to resistance level at $1.11871...
  12. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    The price has returned to previous low levels where the price range was holding the price for almost two months. The price range is from $1.12645 to $1.13427. To make the market more bearish I want to see more bearish signals around $1.14000 and downtrend channel resistance. We could be for...
  13. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    The market broke out to the upside and reached a strong resistance level at $1.14748. When the strong resistance level at $1.14748 was reached the price formed a small bearish Pin bar and on Friday bearish engulfing bar. The price is now close to the confluence of resistance where the...
  14. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Week started with the bearish candle and reached a $1.13094 resistance level. And then on Friday the price moved strongly up and closed again the week above previous daily candles close. The price is now in the channel where $1,14000 level is highly possible. The $1.14748 level is the next...
  15. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Last two weeks the EURUSD price was in the range between $1.12350 on the bottom side and $1.13600 on the upper side. The price closed the day $1.13466 which is the price above previous days candles close. The next step is to move above $1.14000 which is now the first resistance. And then the...
  16. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    I using simple chart with support/resistance, supply/demand zone and trendlines, candlestick patterns, The rest is just looking the candles and how they look, how they form, where the form, how they look compared to others candles, what is daily candle close.
  17. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    The EURUSD price was ranging the whole week where we had two strong moves outside the range area. The week started with two bearish candles where Tuesday’s candle closed below previous daily closes. The price could find support at $1.11871 and return back up because the price is now in the...
  18. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    This week’s price did not reach the previous analysis predicted level, but the market overview looks like it is preparing to move up. On Friday we had a small bullish candle whose low price was not below a large bullish candle and that suggests the price has strong support on $1.12650 level...
  19. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Looking into the past analysis two weeks ago the price reached $1.11871 in the pip. And then bounced back up to first resistance at $1.13094. This week I am expecting to see the price close to $1.14000 level and then move down. The $1.14000 level is a confluence level of resistance we can...
  20. Frano Grgić

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    You are welcome. I will continue making new analysis. There is always a chance I have made wrong prediction. Let's wait and se You are welcome. The price reached because the chart show that. I have just analyzed and put the word on the paper :).
Top