EURUSD, What will happen in upcoming weeks ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family.
let's go for EURUSD analysis:
for upcoming weeks, we'll probably see an upward correction to Specified level at first and then it will start another fall. so with a proper trigger we can open a short position.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
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THANKS.
Eurusdanalysis
DeGRAM | EURUSD testing of the channelEURUSD is in a descending channel between trend lines.
The price is moving from the lower boundary of the channel and dynamic support.
During the pullback, the chart held above the 62% retracement level and is now approaching the upper boundary of the channel.
We expect a breakout of the channel, consolidation above it and further price growth.
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Will we soon see a bullish EURUSD?You could say that my argument is far fetched (and I would not argue that), but hear me out please!!
Weekly chart
Note that the green zone has held as support for the most part. The 20sma is quite far above price, will price revert to the mean? This pair has tried to break below the zone for several weeks recently, but failed.
Daily chart (above)
We can see a double top around 1.1189 where the bears gained control. There also could be a double bottom at 1.0343, maybe.. Look at the relatively large bearish candle 3 days ago, it does show a lot of power and momentum behind the bears. But where did all that power go? I don't see any momentum in the next 2 days with the bears, actually maybe the bulls are trying to take over. The quick recovery of price from the big bearish move looks like what many traders call a false break. Is it that? time will tell.
H4 chart
You can now see that price has been consolidating for the past few days (yellow box) and this does look like accumulation of orders. The bears did try to push through strongly but failed. In fact a lower high was formed when the bulls succeeded to break above that structure with some strength (BOS at 1.04122).
I realize that this happened on a Friday and during the holiday period when volume is low and reading price action at these times is less reliable.
But I do believe that if you are still trading, then paying very close attention to EURUSD could be beneficial. Watch other pairs too to see if the USD is getting weaker.
Merry Christmas, happy holidays and have a great 2025
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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DeGRAM | EURUSD rebound from the trend lineEURUSD is in a descending channel between trend lines.
The price has already reached the trend line, which previously acted as a rebound point and is now moving above the support level.
The chart has formed a harmonic pattern.
We expect a continuation of the rebound when consolidating above the support level.
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EURUSD: Bullish Reversal Confirmed 🇪🇺🇺🇸
EURUSD nicely respected a key daily horizontal support.
With a consequent bullish movement from that, the price went up
and violated a resistance line of a falling wedge pattern on a 4H.
It confirms a local bullish reversal.
We can expect a bullish movement at least to 1.05236
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DeGRAM | EURUSD an attempted channel breakoutEURUSD is in a descending channel.
The chart has formed a pattern AB=CD, reaching the lower boundary of the channel.
The price bounced sharply from the channel boundary and now continues to hold above the support level.
We expect a breakout of the channel and further growth.
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DeGRAM | EURUSD reduction in the channelEURUSD is in a descending channel between trend lines.
The price has already reached the channel boundary, the upper trend line and the resistance level, which used to be a pullback point.
The chart is under the 62% retracement level.
We expect a decline in the channel.
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DeGRAM | EURUSD breaking the downward structureEURUSD is above the descending channel between the trend lines.
The chart has broken the descending structure.
The price is moving from the lower boundary of the channel and has already exited it.
We expect growth.
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DeGRAM | EURUSD rebound from supportEURUSD is in a descending channel between trend lines.
The price is moving from the lower trend line, which has already acted as a rebound point.
The chart has formed a harmonic pattern and held above the 50% retracement level, which coincides with the support level.
We expect a rebound after the support is retested.
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DeGRAM | EURUSD reached the lower boundary of the channelEURUSD is in a descending channel under the trend lines.
The chart has already reached the lower boundary of the channel and the support level, which has already acted as a rebound point.
The price is holding above the support level.
We expect a rebound.
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EURUSD Analysis TodayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD ANALYSISHello, have a good day❤
It is very important to read to the end...
The Euro-Dollar is completely bearish in daily times, so our long-term downward trend has been confirmed!
In the time of 4 hours, it is trending upwards, it will correct the price for the main drop, and the important thing is that the price may start the main drop from this point, or it may go higher and start the drop.
I suggest you to definitely look for confirmation in the lower times with the strategy for turning the trend.
Be successful and profitable💎💲
EURUSD: Bearish Trend Will Resume Soon?! 🇪🇺🇺🇸
EURUSD looks bearish after a test of a key daily horizontal resistance.
The price formed a range and violated its support with a strong bearish candle.
Taking into consideration that the pair is trading in a strong bearish trend,
probabilities are high that it will resume soon.
I expect a bearish continuation at least to 1.0572
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DeGRAM | EURUSD reaching the lower boundary of the channelEURUSD is under a descending channel between trend lines.
The chart has reached the support level.
The price is moving above the trend line, which has already acted as a pullback point.
We expect a rebound after consolidation in the channel.
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DeGRAM | EURUSD rebound from supportEURUSD is at the upper border of the channel under the trend lines.
The price has reached the support level.
The chart has formed the AB=CD pattern.
We expect a rebound from the support.
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DeGRAM | EURUSD tends to the channel boundaryEURUSD is moving in a descending channel between trend lines.
The price is near the support level and has not yet reached the lower boundary of the channel.
We expect a rebound in the channel after a retest of the lower boundary.
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EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURUSD pulled back to the support levelEURUSD is between trend lines under an ascending channel.
After a decline in the channel, the chart formed a reversal harmonic pattern.
The price has reached the support level, which coincides with the correction level and already 3 acted as a rebound point.
We expect a rebound after the support retest.
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EURUSD / TRADING UNDER UPWARD PRESSURE / 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Movement to Supply Zone (1.092 - 1.095):
• Prices are attempting to reach a supply zone between 1.092 and 1.095. This level acts as potential resistance where sellers may enter, potentially halting further upward movement.
Potential Decline to Demand Zone (1.085 - 1.083):
• If prices face resistance near 1.092 - 1.095, they might pull back to the demand zone between 1.085 and 1.083. This demand zone represents a level of support where buyers might enter, stabilizing prices.
Outlook if Prices Stabilize Above 1.085 - 1.083:
• Stabilization above this demand zone suggests an opportunity for prices to increase. The next target is another supply zone between 1.101 and 1.104, which could act as a new resistance level.
Risk of a Decline if Demand Zone is Broken:
• If prices break below the demand zone (1.085 - 1.083), it signals potential for further decline to a lower demand zone (1.079 - 1.076). A break below 1.076 would likely confirm a downtrend.
Trend Confirmation Based on Zone Breaks:
• Breaking the supply zone (1.092 - 1.095) would signal an uptrend, while a break below the demand zone (1.079 - 1.076) would confirm a downtrend.