EUR-USD Price Action Overview Until the middle of last week, the price tried to rise and there was a possibility to surpass the January high. Breaking out of this high seemed at least a bit logical since it was necessary to disable the stops that...
EUR/USD Technical and Fundamental Analysis Market Structure and Price Action Currently, EUR/USD is in an uptrend on the H1 timeframe, supported by a strong bullish market structure. The main support level is at 1.4700, while the middle support area...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...
#CL I have studied the situation on the daily chart above and now moved to the daily chart where the situation is a little different, here the possibility of continuing the upward movement to determine the resistance level of 71.61 remains, as...
EUR USD today technical analysis As of March 4, 2025, the EUR/USD currency pair is trading around 1.0501, reflecting a 0.70% decrease from the previous close of 1.0575. Technical Support and Resistance Levels The pair is currently testing the...