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Last two weeks were pretty bad for the Euro currency because the price has fallen down to low levels which we have not seen since April 2020 The current scenario does not look good for buyers because the price has support only next to $1.17200. $1.17000 is an area of support where weekly trend...

With two Pin bars the price could not reach new highs. With the start of a week the price moved higher than last week’s ended, but it has short lasted. The price is below strong resistance that has held the price above for two weeks which means it will need more buyers strength to move again...

The week started with a bullish scenario at the $1.21800 with the target at around $1.22800. Price reached $1.22660 and then reversed back down to $1.21800. The price is currently on a strong support where we have a confluence of support levels First target is $1.22800 which is now a strong...

The price broke above $1.21800 on Tuesday and we had strong buying sentiment. Then the market reversed back down to find support on the $1.21800 which happened on Wednesday. I like to look on the weekly time frame and what I can see it just started the move up. So I am expecting the price...

Thanks for your comment. Sure, I am here for that :).

The price has done what was discussed in last week’s analysis. The price touched $1.21800 and returned back down to $1.20800. The $1.21800 is close and I am expecting it will break above. Weekly time frame shows me a clear bullish scenario with a $1.22800 target.

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The week has ended with the price close to $1.21800 level which is now resistance for the pair. The resistance area around $1.21800 was active two weeks ago. I am expecting the price to go down around the $1.20800 level and find support for the next attack upside. The next target is $1.22000...

The price managed to reach some highs, but not $1.21800 which is the next resistance. Now the price has returned back down close to $1.20000 which now acts as a support. The price will likely stay here in the range between $1.20000 and $1.21800 before trying to break above $1.21800.

The price played out just like it was mentioned in the previous week’s analysis. The price broke above $1.20000 and reached $1.20800 level. Resistance at $1.21800 is stronger resistance and it will play a major role for the price to break above and to reach levels above $1.22000. If the...

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After last week engulfing candle the pair has found strength to move 100 pips up and reach key level at $1.20000. As I said in the previous week analysis the price will look more bullish if it closes above $1.19000. Now I can say that the market really looks bullish and I expect the price to...

The price reverse happened and the $1.18400 was reached as was said in the previous weekly analysis. But, the price managed to get out from the descending channel and reach major resistance at $1.19000. f the price ends next week above $1.19000 then it will move market sentiment to slightly...

Strong selling pressure pushed the price down to $1.17203 support level where the minimum price $1.17030 was reached. It will not be too easy to break below $1.17000 support, so I am expecting the price to reach $1.18400 which is the level that previous bullish candles has reached after hitting...

On Tuesday the price has strongly broken below $1.19000 which was a sign of bears strength. $1.17000 is lower end of the old range area so I am expecting to see the price first reaching $1.17500 and then reversing back up to around $1.19000. This could be a nice opportunity to catch the...

Yes, on Monday was a bearish candle, but on Tuesday the price returned back up and it is still holding inside this small range between $1.19000 and $1.20000.

What we can see from the start of the week is that the price has moved to $1.19037 and from there reversed back up next to resistance level at $1.20000. From there the price returned back down and ended the week with the close right on the support level. I am still bearish oriented because the...

The pair is in the indecision area because strong support $1.19000 has held the price from moving below and $1.20000 has held the price from moving up. If the price comes back again to $1.20000 and makes a bearish price action signal it will be a sign the price will move down below $1.19000...

We can see the price has reached $1.20000 on Tuesday and made a retrace which was just bears getting out and cashing profits. The price could find a support at $1.19000 level which will allow the price to move up. Current market formation does not look so bullish so I am more inclined to sell...

The price has managed to break higher this week, but the break was short lasting. In the previous week analysis I have said that if the price manages to break above $1.21280 we could see it moving higher What I am looking now is for a bullish price action signal on the $1.20800 support level...