Today you will see EURUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for EURUSD. What to expect where the price will breakout for the EURUSD based on the supply and demand zones.
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The price entered a downward correction this week, found itself at the support level of 50% Fibonacci retracement and rose from it to 23.6%, and after the rollback it reached 14.6%. The growth to it was impulsive, so the price immediately returned back and went down until the market ...
In this thread apart from basic technical charts we will also aim to look at fundamental events to try and forecast future price patterns ALL INDICATORS used by me in this thread are taken from forexfactory itself so don't ask me for them, sarch for them. Attached Image (click to enlarg...
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week, but the price stalled again. I find it unusual that the price does not seem to develop a proper correction after such an extended decline. I also observe a reversal pattern on the chart, a descending wedge, within which the price is currently moving. I believe this pattern indicates...
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"Weekly" and "three-day" is probably a time intrval, i.e. which sentiment will dominate at that time according to the forecast And what is a "Pivot Point*" is still a mystery to me. Under the asterisk there is an indication of how it is calculated. According to the theory, it is...