The EURUSD pair closed last month's (January's) 1M candle below its 1M MA200 (orange trend-line) even though it broke above it for the first time in 8 years (since February 2018)! As mentioned on our last week's analysis, that was would be a strong bearish signal long-term, as the pair hasn't closed a 1M candle above the 1M MA200 since November 2014 and every test or approach near it was a market Top, like January 2021 and February 2018.
So as long as the market keeps closing monthly candles below its 1M MA200, we will stay bearish, looking towards a 2-year Bear Cycle, similar to 2021 - 2022 and 2018 - 2019. As mentioned last week, we have a minimum Target at 1.0200 (near the Jan 2025 Low Support) for this Bear Cycle.
In addition, look the huge 1M RSI Lower Highs Bearish Divergence (against the price's Higher Highs) following the June 2025 rejection on the 8-year Resistance. An extra signal of strength reversal.
---
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
---
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
So as long as the market keeps closing monthly candles below its 1M MA200, we will stay bearish, looking towards a 2-year Bear Cycle, similar to 2021 - 2022 and 2018 - 2019. As mentioned last week, we have a minimum Target at 1.0200 (near the Jan 2025 Low Support) for this Bear Cycle.
In addition, look the huge 1M RSI Lower Highs Bearish Divergence (against the price's Higher Highs) following the June 2025 rejection on the 8-year Resistance. An extra signal of strength reversal.
---
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
---
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.