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Time now: Jun 1, 12:00 AM

EURUSD tehnikal analysis

The price eventually still continues to bearish, it was formed new lower on the wave, in my prediction this level is attention wave support level, if open sell on this level needs to use stop-loss as a prevention reversal pattern.

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Daily timeframe shows if the price already closes to the previous low that formed in March, the downtrend on this pair already move in long-distance, on this zone become attention for support zone and look on the market sentiment later.

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The price is already in the correction stage, yesterday market daily formed a bullish candle, now take a look at the H1 timeframe, the price still so weak movement, maybe later in the London market will higher volatility, and possible on this zone the market still move on the range, as indecision trend pattern.

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The price move in consolidating phase right now, Friday market expected the market still move on the H1 range market, it possible to up and down due to many traders in weekend maybe close order to avoid rollover trading and will start later on Monday, the next prediction price may will reversal on the next week because this price already lands at support zone.

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Surprising, the last week trading day the pair EURUSD move and formed a reversal pattern, this is out from my prediction that will occur this week, Monday trading usually price volume still so weak, but let see what happen later, my expectation price will move to continue to rise.

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The price makes a correction on Monday trading, but in weak volume trading so the price down still less than half the previous body candle, still in expectation price will occur trend continuation, but let see what happen later today, if price break yesterday low, its possible price land to early low

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The price eventually breaks low and drops to a formed a new lower low, on this level the movement already in saturation price, or oversold based RSI, should be paying attention to pullback, my prediction the price pullback before continuing to drops, maybe I wrong.

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Yes, it occurs pullback yesterday, the price move to rise but suddenly seller come and push the price down, if today previous low gets a breakout, its possible continuation trend will still occur, there are analysts said USD still become safe haven amid increasing coronavirus case in the US.

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The price eventually drops yesterday on EURUSD, now the price already lands at 1.1678, and still, possible there are pullbacks on this level, but Friday trading must be careful because often undefined movement, based on weekly the pair still bearish, but sometime before the market close. the price random movement.

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Last week EURUSD move and formed bulls candle eventually, in overall trend still downtrend, but based on the weekly timeframe, this zone is already on the double bottom area, here there are two possibilities, break low and continue downtrend or reversal for long term pattern.

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