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EURUSD for 1st October

On weekly chart we can see that price fall after MACD formed divergence. Price fall bellow 50 and now retraces.
Price also is bellow 13 and 34 ema.
On daily chart price is in downtrend. Price is bellow 34 and 144 EMA. MACD is bellow 0 line and falling. ADX is rising showing strength of nearest fall.
CONCLUSION: We may see price to rise a bit. But we are on strong downtrend and price should fall more. We may see price around 1.20 till 1st October.
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EURUSD for 1st June

On the weekly chart we se that Price is moving inside 0 and 23% levels of Fibo. It is close to trendline also.
On daily chart we see slightly declining channel. ADX is bellow 25 and MACD is declining.
I expect that Price will continue moving inside that channel and break support level and fall bellow 1.2200.
My expectation will be that price will be between 1.2100 after that. We may see it around 12175 on 1st June.
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EURusd for 1st May 2018

We can see that Price fails to make new highs. ADX is declining and fall bellow 25. Which shows that the trend lost its power.
Moving averages still shows uptrend while price fall bellow 55 EMA.
MACD is declining after showing divergence with the price.
We can see price met strong resistance around 1.25. It fall to 38 fibo level around 1.216 and retraced but were not able to reach latest highest level.
Stochastic shows divergence and weakening.
CONCLUSION:
I expect price to touch38 fibo level ag…
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EURUSD FOR 1ST MARCH


On weekly chart we can see that price is in resistance zone which was strong support earlier years. Also price break above 50% Fibo line since the fall in 2014. ADX is losing power, MACD shows divergence but it has not completed yet.
On daily chart we can see High volume after making highest point of last years. ADX is in very strong zone. Also MACD and Stochastic show overbought signs.
High volume and divergence on the macd shows could be sign of upcoming decline. I expect price to reach 1.220…
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EURUSD prediction for 1st November

Fundamentals: ECB expressed it's unwillingness to make changes. Which means they are not going to increase rates or decreese se QE. This may look negative but while concidering uncertainity in usa and korean conflict eurusd plays safe currency role.
We see very strong uptrend. But from RSI we can see that trend is losing momentum and forms diveregence with rsi line.
Also we see that price broke 38% fibo line from 04 May 2014 and heading to 50% line.
I expect price to reach 50% line and retrace f…
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EURUSD for May 1

Weekly chart
Fibo - 10 Apr 2016-11 Dec 2016 - Prize dropped below 23% Fibo level and tried crossing above unsuccessfully
RSI - is bellow 50 level and is declining.
Bollinger Bands- Prize retraced from from center band.

Daily Chart

RSI - is bellow 50 level and is declining. But it slowing and may turn back towards 50 line before declining again.
Bollinger Bands- Prize checked center band two times and couldn't cross. it can test one more time before falling to lower band.
CONCLUSION: I exp
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EURUSD after FED's decision

EURUSD with the 100% possibility of FED's rate hike fell to the minim of 2016, 1.05692 and bounced from last years support level at
It seem EURUSD will bounce from support zone up to 1.0855 and meet resistance at previous support level. And after close to FED's decision it will fall to the support levvel.
I believe that with FED's decision it will break support level and fall to two years minimum and 161.8% of fibonacci expansion level.
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Elens94 avatar
Elens94 21 nov

great analysis!

rashadali avatar
rashadali 17 déc

Price as fall bellow support line as a predicted. I think it will reach previous support line and meet resistance will 2nd January.   

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EURusd during election month

Weekly Chart:
  • We can see that price moves inside the slightly upward sloping channel.
  • Also price respected Fibonacci levels from 05 May-09 March depreciation. 0% on 1.046 became strong support line. Price more or less respected 23.6$ line at 1.300 as a resistance.
  • Price finally crossing the 100 sma.


Daily chart:
[list][/list]…
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rashadali avatar

nu  da, esli otavit vse na svo xod to da. Ya nadeyus/veryu sto ili s provalomv us ili s pomoshyu eu situachiya izmenitsa ) i koneshno nemnoshko viju etogo v chartax. 

wmndave avatar
wmndave 4 oct

goodluck

Natali_Niyazova avatar

Полтора бакса за евро? Фиг там, дорогой Рашадик :) если только у тебя есть машина времени и мы вернемся на пару-тройку лет назад :)

rashadali avatar

malo kto verit a ya veryu  :D

OlgaBLR avatar
OlgaBLR 6 oct

good luck

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ERUSD most probably will fall to 1.117

As you can see eurusd met strong resistance around 1.1300
We can see two fibonacci level crossing their. First 23.6% is from fall that started from may and ended in march: 1.400-1.046
And the second is from daily the rise that started from 24 July till 17 August. I expect till the end of the week eurusd will break the 38% level and reach 1.117 around 50% fibo level.
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rupesh1984 avatar

good analysis :)

rashadali avatar

I did not read the part where it says analyze should be  till 1  November :) will do another one for November )

rashadali avatar

yes it reached  my  target :D

FXRabbit avatar
FXRabbit 25 sep

Looks like a side way channel through the month ahead, and don't be surprised to find EUR/USD at 1.117 on November 1st. :D

rashadali avatar

FXRabbit I didn't  read the rules properly. so it was not for 1st November but for the week only :))

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