EURUSD CHART ANALYSIS 1HOUR NEXT MOVE POSSIBLE
This is a technical analysis chart of the EUR/USD currency pair on a 1-hour timeframe from TradingView. The chart includes:
1. Support Zone (Red Area at the Bottom) – This indicates a demand zone where price has shown buying interest in the past.
2. Resistance Level (Blue Line at 1.04110) – A key price level where the price previously struggled to break above.
3. Forecasted Price Movement (Black Arrows) – The chart suggests a bullish (upward) move, with an expectation of a pullback before a strong rise towards the 1.04110 resistance level.
4. Economic Events (Icons with U.S. Flags) – Indicating upcoming U.S. economic data releases, which may impact price movement.
This analysis suggests that if EUR/USD holds above the support zone, it could move towards the resistance level. However, market conditions and fundamentals will also play a key role. Are you looking for specific insights related to this setup?
1. Support Zone (Red Area at the Bottom) – This indicates a demand zone where price has shown buying interest in the past.
2. Resistance Level (Blue Line at 1.04110) – A key price level where the price previously struggled to break above.
3. Forecasted Price Movement (Black Arrows) – The chart suggests a bullish (upward) move, with an expectation of a pullback before a strong rise towards the 1.04110 resistance level.
4. Economic Events (Icons with U.S. Flags) – Indicating upcoming U.S. economic data releases, which may impact price movement.
This analysis suggests that if EUR/USD holds above the support zone, it could move towards the resistance level. However, market conditions and fundamentals will also play a key role. Are you looking for specific insights related to this setup?
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.