Alright guys, quick Analysis on EURUSD.
Price pushed higher to 1.13975 but ran into selling pressure and is now correcting lower. It is currently trading around 1.13825. This shows the recent upside has been rejected and downside momentum is starting to build.
My overall bias right now is bearish, so I expect further decline in the near term. If that view changes, I’ll let you know right away. The main supply zones on the chart are the higher one around 1.1465-1.1480 and the closer supply area near 1.1418-1.1435. On the demand side, there is a smaller DZ around 1.1360-1.1375 and the larger demand zone lower down between 1.1330-1.1355. Stay patient and let price confirm the next move.
Make sure to follow this analysis closely because I’ll be posting fresh Gold updates here every single day. Let’s track it step by step.
Price pushed higher to 1.13975 but ran into selling pressure and is now correcting lower. It is currently trading around 1.13825. This shows the recent upside has been rejected and downside momentum is starting to build.
My overall bias right now is bearish, so I expect further decline in the near term. If that view changes, I’ll let you know right away. The main supply zones on the chart are the higher one around 1.1465-1.1480 and the closer supply area near 1.1418-1.1435. On the demand side, there is a smaller DZ around 1.1360-1.1375 and the larger demand zone lower down between 1.1330-1.1355. Stay patient and let price confirm the next move.
Make sure to follow this analysis closely because I’ll be posting fresh Gold updates here every single day. Let’s track it step by step.
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You Can Join My Private Channel For Free : telegram.me/+4ulfM41Jo7cwMDFk
Ask Me Anything : t.me/XAUNOW_Official
Ask Me Anything : t.me/XAUNOW_Official
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.