technical articles

euro-analysis

Technical Analysis of the Euro – 10th to 14th march

Technical Analysis of the Euro – 10th to 14th march

Euro Analysis (Daily Time Frame) EUR/USD Technical Analysis (Daily Timeframe) As mentioned in last week’s primary scenario, EUR/USD experienced a strong upward move and managed to reach the mentioned zone of 1.07616 and even higher. It remains to be seen how long buyers will maintain control in the upcoming week. Main Scenario (Higher Probability): Since EUR/USD’s upward move was strong and backed by high momentum, a pullback followed by another upward move is expected. Therefore, if a correction starts in the upcoming week, the completion of the pullback is anticipated around the 1.06314 or 1.05286 zones. Alternative Scenario (Lower Probability): If

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Technical Analysis of the Euro – 3th to 7th march

Technical Analysis of the Euro – 3th to 7th march

Euro Analysis (Daily Time Frame) Over the past week, the Euro was unable to break through its previous high at 1.05290, indicating that this currency pair currently prefers to range within a consolidation zone. The key question for the upcoming week is which direction it will break out. 🔹 Primary Scenario (Higher Probability):The expectation remains that the Euro will move upward from these levels. For this to happen, it must find support at 1.02843 or higher, break above 1.05289, and consolidate above it. If this occurs, the next upside targets will be 1.06310 and 1.07616. 🔹 Alternative Scenario (Lower Probability):If selling

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Technical Analysis of the Euro – 24th to 28th feb

Technical Analysis of the Euro – 24th to 28th feb

Euro Analysis (Daily Time Frame) During the past week, the Euro was unable to break above its previous resistance at 1.05138 and spent five trading days in a pullback toward that same level at 1.04295. It remains to be seen whether this week the pullback will be completed by breaking above 1.05138. Primary Scenario (More Likely):Given the higher lows observed within the current range and the divergence noted in previous weeks, the main expectation is for the Euro to resume its upward move. In this case, it must first stabilize above the resistance at 1.05138 to then target levels at 1.06310

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Technical Analysis of Brent Oil – 17th to 21th feb

Technical Analysis of the Euro – 17th to 21th feb

Euro Analysis (Daily Time Frame) As mentioned in last week’s main scenario, the divergence at the bottom suggested a possible bullish move for the euro. This scenario partially played out last week, with the euro rising to 1.05144, forming a strong weekly candlestick. Main Scenario (Higher Probability):If the euro breaks above the 1.05338 resistance and stabilizes, it could easily extend its rally toward 1.06310 and 1.07616. Alternative Scenario (Lower Probability):If the euro fails to break this resistance and faces rejection, it could decline toward the 1.02850 support level. Euro Analysis (4-Hour Time Frame) Main Scenario:Since the euro has already broken past

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Technical Analysis of the Euro – 10th to 14th feb

Technical Analysis of the Euro – 10th to 14th feb

Euro Analysis (Daily Time Frame) In the past week, following sentimental events, the Euro opened with a bearish gap, but quickly filled the gap and moved higher. However, it failed to reach its previous high at 1.05338, experiencing a correction in the last two trading days. Main Scenario: Given the divergence observed in the daily timeframe, the Euro seems poised for an upward reversal. If it breaks and stabilizes above 1.04429, the next targets could be 1.05338 and 1.06310. Alternative Scenario: If the downward movement continues and the Euro breaks below 1.02103, it could extend its decline towards 0.99828. Euro Analysis

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Technical Analysis of the Euro – 3th to 7th feb

Technical Analysis of the Euro – 3th to 7th feb

Euro Analysis (Daily Time Frame) In the past week, EUR experienced a decline from 1.05332 to the key 1.03530 level. The upcoming week will determine whether the euro finds support at this level and reverses or continues its downtrend. Main Scenario: If EUR finds support at the current level, it may move towards 1.05332, and if it successfully breaks above this level, the next target will be 1.06302. Alternative Scenario: If EUR fails to hold this support and stabilizes below 1.03530, it could extend its decline toward the next low at 1.01776. Euro Analysis (4-Hour Time Frame) Main Scenario: If EUR

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Technical Analysis of the Euro – 27th to 31th jan

Technical Analysis of the Euro – 27th to 31th jan

Euro Analysis (Daily Time Frame) Last week, the Euro found support around 1.02232 and, after breaking the critical resistance at 1.04373, advanced to the 1.04953 zone. Primary Scenario: Based on the close of the last daily trading candle, the Euro could initially aim for the 1.06301 resistance. If it breaks and stabilizes above this level, the next target will be 1.07692. Alternative Scenario: If the Euro reverses and stabilizes below 1.04373, it could decline further towards the 1.01794 support zone. Euro Analysis (4-Hour Time Frame) Primary Scenario: If the Euro breaks above the 1.05346 resistance, the next target will be 1.06301.

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Technical Analysis of the Euro – 20th to 24th jan

Technical Analysis of the Euro – 20th to 24th jan

Euro Analysis (Daily Time Frame) As in previous weeks, the Euro is still in a downward trend, but this trend weakened slightly in the past week. It remains to be seen whether it can make a strong reversal from this area.Main Scenario: If the price moves upwards and breaks and stabilizes above the 1.04528 level, the next targets for the Euro could be the 1.06279 and 1.07692 areas.Alternative Scenario: If the downward movement continues and the key support is lost, with a break and stabilization below the 1.0794 level, the next target for the Euro could be the 0.99828 area. Euro

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Technical Analysis of the Euro – 13th to 17th jan

Technical Analysis of the Euro – 13th to 17th jan

Euro Analysis (Daily Time Frame) Over the past week, the Euro attempted to reclaim its previous high but failed. As mentioned in last week’s analysis, the Euro remains in a bearish trend. Main Scenario: If the Euro breaks and stabilizes below the key support level of 1.02240, the next target will be 0.99382. Alternative Scenario: If the Euro moves upward and reclaims the 1.04380 resistance level, the next targets will be 1.05346 and 1.06302, respectively. Euro Analysis (4-Hour Time Frame) Main Scenario: If the Euro breaks below the 1.02240 support level and stabilizes, the next target will be the 0.99382 range.

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Technical Analysis of the Euro – 6th to 10th jan

Technical Analysis of the Euro – 6th to 10th jan

Euro Analysis (Daily Time Frame) As indicated in last week’s analysis, the Euro experienced a decline against the US Dollar, reaching the significant 1.02240 level. Main Scenario: If the decline continues and the Euro breaks and consolidates below the 1.02240 level, the next target for the Euro will be 0.99382. Alternative Scenario: If the Euro reclaims the 1.03433 level and breaks above the 1.04575 range, it could initially move towards the 1.05346 level and then to 1.06302. Euro Analysis (4-Hour Time Frame) Main Scenario: The Euro is expected to make a slight upward movement, reaching the 1.03456 level, before continuing its

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