EURUSD important levels for April 2018

Hi there,

Forex Team would like to give you some advice about important price levels for eur usd.
On eur usd chart on H4 time frame we see possible price trap between 1.25 and 1.24 price levels.
We think that eur usd price behavior in April could be sideways or bearish. If weekly close price will be below 1.2370 than ForexTeam will sell this currency pair. The next important price level is 1.2315.

I wonder, if bears prepare spring surprise?

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EURUSD price behavior forecast for March 2018

Hi there,

here is ForexTeam forecast for currency pair EUR USD  for March 2018.
Price increase is limited at 1.2350-1.2380, here is strong resistance level, if this price level holds than we can follow the price movement down to our first target 1.2050-1.20

Initial point of this price decrease started 2 weeks ago and now EUR USD in correction phase.

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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.

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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: Do you think you can fool me?

Hello traders,

we present USD Index short weekly review for the nearest future.

ForexTeam still think that USD Index is under bears pressure and it could be possible correction to the resistance level 96.20-96.50 and if this level will not broken up than we expect further jump down to the support level on 94.00

From other hand, if this scenario is right, we expect EURUSD (1.19) and GBPUSD (1.35) rise!

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Keep trading,
ForexTeam

GBPUSD weekly report 19.06-23.06.2017

Hello there,

we would like to show you some important RES & SUP levels for GBPUSD for this week.
We see this currency pair bearish if the price stay under 1.2844

RESISTANCE 1 = 1.2844
RESISTANCE 2 = 1.2806

SUPPORT 1= 1.2580
SUPPORT 2 = 1.2728

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