https://www.getknowtrading.com/eurusd-forecast-0-96716-sellers-key-level/
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 the price could return back down to $0.96716 support level, but there is no clear signal that the price has enough strength to move down below this support level.
This means if the price closes below on a daily time frame we will see the price heading down to $0.96000 which is the first support level.
https://www.getknowtrading.com/eurusd-forecast-potential-market-trend-change/
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 price is $0.99134 which is the next target in the coming week.
The $0.99134 could be a first level for the bulls to change the market bias from selling into buying trend.
https://www.getknowtrading.com/eurusd-forecast-market-changed-0-99134-monthly-decision/
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 an important day to watch.
So, if we see Monday close above current price and stay above $0.99134, we will see prices on higher levels in the next few days and weeks.
https://www.getknowtrading.com/eurusd-forecast-0-99134-still-critical-for-the-market/
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 at $0.99134.
The next level for the bulls is $1.00400 on a weekly time frame and daily time frame.
https://www.getknowtrading.com/eurusd-forecast-1-01368-confirming-uptrend-support/
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 support at $1.02669 and probably to $1.01368 as a weekly support level.
The $1.03920 is the zone that will confirm an uptrend for the EURUSD after the price broke outside from the downtrend.
https://www.getknowtrading.com/eurusd-forecast-bulls-will-try-to-break-1-03920/
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 move up.
https://www.getknowtrading.com/eurusd-forecast-1-05825-is-the-next-target/
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 where we have small daily resistance, but the final target is $1.05825 which is the weekly and monthly target.
So, we have almost 200 pips free area to reach from the current level in the next week and then the price could stop because there is stronger resistance in front.
EURUSD Forecast –$1.07825 is the Monthly Target
https://www.getknowtrading.com/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 strong bullish candle.
We have monthly, weekly and daily time frame suggesting the price will continue to move up.
This move predicts future move to the upside and the next target for this month is $1.07825 as a next resistance for the price.
EURUSD Forecast –$1.05825 is the Key Level for the Bulls
https://www.getknowtrading.com/eurusd-forecast-1-05825-is-the-tip-point-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 that a Friday is the day when traders get out from their trading.
With $1.05087 as a support level we could see a price for a while between $1.05087 and $1.05825 because we have three resistance levels.
If the price manages to move above $1.05825 it will have an open road to $1.07825 which is the monthly and weekly resistance level.
EURUSD Forecast – Key Level $1.05825 Under Testing
https://www.getknowtrading.com/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 levels.
Weekly time frame shows $1.05825 is still not broken on the upside, so we need to wait until the market manages to close the week above.
If the price closes below $1.05087 this will be a sign the price is heading to the demand zone to $1.03920 where the bulls were strongest and where the price could find a base for the next move up towards $1.07825.
EUR/USD, GBP/USD Analysis Today 24.12.2022 - Week Ahead Forecast
EURUSD Forecast – Breakout Confirmed, Target $1.07825
https://www.getknowtrading.com/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 look at the monthly time frame we can see the price has managed to close above the downtrend channel resistance line.
That means the price is free to move up and reach $1.07825 level.
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GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level
https://www.getknowtrading.com/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 now inside the indecision area which the price needs to break to determine future move.
With these strong resistance levels the price will have a hard time to break above, but if the price manages to close above $1.22000 level the next target is $1.23000 which is the next confluence of resistance levels on a daily and weekly time frame.
EURUSD Week Ahead - 16.1.2023
GBPUSD Week Ahead - 16.1.2023
EURUSD Forecast – $1.07825 Confirmed, $1.08846 Breakout Needed
https://www.getknowtrading.com/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.
We can expect that the price will have trouble breaking the $1.08846 resistance level because we have a monthly trendline that is making another resistance for the price.
The target after the price break $1.08846 is $1.09100 – $1.09200, which is the first daily resistance before heading to $1.09800.
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GBPUSD Forecast – Price Heading to $1.24600
https://www.getknowtrading.com/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 heading to $1.24600 which is the next resistance level.
If the price manages to close above $1.24600 the next target will be weekly resistance level at $1.26000.
EURUSD Analysis Today 28.1.2023 - Week Ahead Forecast
GBPUSD Analysis Today 28.1.2023 - Week Ahead Forecast
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GBPUSD Analysis Today 4.3.2023 - GBPUSD Week Ahead Forecast
