Forex Daily Forecast, Analysis and Prediction

EURUSD a possibility of a trend reversal still exists, at the moment the current situation claims that a when support level at 1.4268 is not valid, negativeness can start for this pair.

EURUSD previous analysis is confirmed by rebounding from the upper portion at resistance level at 1.4336 and breaking out from a channel.

EURUSD is moving in a channel and slowly step by step is climbing up. A trend is still positive and buying options are on a table.

EURUSD bulls still has enough strength to push prices to the 1.4400 level. After recent highs bears are trying to go to support level.

EURUSD extends it's positiveness and continues to slide upside even higher. 1.4400 price level can be reached soon, but bulls needs to stay above 1.4300 price level. Bears will will try an attempt to go back to support, but for now bulls controls the

EURUSD still stays positive, at the moment it is creating a box which is between support at 1.4219 and resistance at 1.4262.

EURUSD a sharp move and a break of ex-resistance level at 1.41668 was confirmed. At the moment this pair has created another resistance level at 1.42623 while support stays at 1.40943.

EURUSD a rebound from resistance line is confirmed, but this pair is in neutral zone, bulls and bears can't decide which way to choose.

EURUSD looks like that rebounding to the resistance level is possible. Resistance line holds at 1.42030, a major rally has started and if such strong movements stays, buying is better solution.

EURUSD retreated from the highs and new support line has been established at 1.4105. Most likely it will not survive if another push from the bears will appear on the chart.

EURUSD despite some positive candles, bears took over the control from bulls. At the moment it is suggested likelihood the move downside, because for bulls to wake up from a long sleep needs more power to push prices back to 1.42030.

EURUSD is impending to the support line at 1.41766, according to the previous move, we can expect a break of support price level.

EURUSD is walking slowly on resistance line at 1.44130, a positive move can be expected today, for short term traders buying is an option.

EURUSD still can't show any direction yet. Traders can't decide which side to support more, bulls or bears.

EURUSD in previous analysis it was stated that a movement can be done to 1.45595 price level. Current picture shows a strong positive move.