EURUSD reached price level 1,1760

Hello guys,

In our weekly EURUSD report  last week we planned bearish pressure for EURUSD and we wrote about H&S figure on H4 time frame. ForexTeam traders were right and yesterday EURUSD price reached 1.1760 level.

From this price level we could see more bearish pressure (new leg down) going till 1.1660 price level, it is all possible because dollar index price could rise till 93.95.

eur usd free forex signals forex team app 27092017

Stay tuned,
ForexTeam

ForexTeam analysis: bearish pressure on EURUSD 1.2170 or 1.2050

Hey there,

we present you our new trading ideas about price behavior for currency pair EURUSD.

According ForexTeam technical analysis we can say that EURUSD could test price area 1.2170, while this currency pair continues to hold over uptrend line at 1.1830, but if we take a look to USD index we can say that bears could press the price already from price level at 1.2050.

EURUSD H4 chart shows us possible H&S pattern in progress.

forex team free trading signals online eur usd h4 19092017

If bears take a control over the price on EURUSD, please pay attention on the following price levels:  

1.1953
1.1915
1.1805
1.1760

All these price levels are possible (Stop-loss) breakup points.

Good trades,
ForexTeam

USD Index weekly report: new resistance levels 94.64 / 96.67

Hello guys,

here we are with the new USD index weekly report.
ForexTeam traders think that at present time (august-september) it could be price rebound from support level 93.00, the same picture like in Dec. 2016 – Jan. 2017, but now from other side.

usd index weekly forex signals res sup levels august 2017

Importaint resistance levels:

RES 1 = 94.64
RES 2 = 96.67
RES 3 = 97.87

Have a good week!

USD Index monthly research. Rebound from support 93.00

Hello guys,

ForexTeam traders are watching now for USD Index consolidation and rebound pattern to develop. At the end of July 2017 we can expect one more leg down to support level 93, it is the lower edge of the band 93-100, developed from 2015.
95.10 – is the next resistance target for rebound from 93 support level.

forexteam app usd index daily trading research July 2017