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EurUsd - This Will Impact Your Trading In 2025!

EurUsd (EURUSD) is heading much lower:

لقطة

Click chart above to see the detailed analysis👆🏻

For basically an entire year, EurUsd has been retesting a massive previous support which was then turned resistance. Over the past couple of months, we then saw a significant drop breaking all structure towards the downside and it is quite likely that this won't stop soon.

Levels to watch: $1.090, $0.970

Keep your long term vision,
Philip (BasicTrading)
تم فتح الصفقة
Trading update on EurUsd (EURUSD):

لقطة

Click chart above to see the detailed analysis👆🏻

Just after I published this analysis, EurUsd is now creating an expected short term rally after we saw a significant drop of more than 1.000 pips over the past couple of weeks. The overall trend remains valid, bears just need to take a breath before they create the next wave lower.

Levels to watch: $1.090, $0.970

Keep your long term vision,
Philip (BasicTrading)
أغلقت الصفقة: تم الوصول للهدف
Trading update on EurUsd (EURUSD):

لقطة

Click chart above to see the detailed analysis👆🏻

EurUsd is now starting the expected consolidation phase, digesting the harsh drop which we saw over the past couple of months. Since markets don't move in a straight line, this is totally expected and even some bullish short term pressure would not invalidate the bearish outlook.

Levels to watch: $1.090, $0.970

Keep your long term vision,
Philip (BasicTrading)

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