EURUSD Price Bulls May Dominate Temporarily

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Bullish pullback in EURUSD market

EURUSD Price Analysis – 25 March

If buyers can break above the $1.08 resistance level, they might be able to soon approach the $1.09 and $1.10 barrier levels. If sellers manage to hold the price below the $1.07 barrier, prices can fall to the support levels of $1.06 and $1.05 levels.

EUR/USD Market

Key Levels:

Resistance levels: $1.08, $1.09, $1.10

Support levels: $1.07, $1.06, $1.05

EURUSD Long-term Trend: Bearish

It is expected that EURUSD will fall. On December 28, the currency pair lost steam and declined in relation to the $1.05 mark. The bears were no longer as strong. The price started to rise as bulls gained traction. There was a break in the resistance area between $1.06 and $1.07. It reached its previous peak of $1.08. The price rises above $1.08 due to the demand from market purchasers. Since two weeks ago, Sellers have increased their asking prices and gained more clout in the market. The price is currently retreating and retesting the $1.07 mark.

EURUSD Price Bulls May Dominate Temporarily

The market is decreasing, according to the Hull Suite, which is positioned above the currency pair. If buyers can break above the $1.08 resistance level, they might be able to soon approach the $1.09 and $1.10 barrier levels. If sellers manage to hold the price below the $1.07 barrier, prices can fall to the support levels of $1.06 and $1.05 levels.

EURUSD medium-term Trend: Bearish

In the medium term, a turnaround in the EURUSD is anticipated. For the past three weeks, there has been negative pressure on the currency pair. A double top chart pattern appears at $1.09. A negative trend started when the price broke through the support level at $1.09 and approached the support level at $1.08. Ever since the price dropped below the Hull Suite forex signals, it has produced enormous bearish candles. The price is declining from $1.08 to below.

EURUSD Price Bulls May Dominate Temporarily

It is currently less expensive than Hull Suite. A lower QQE MOD score suggests a higher likelihood of a bearish trend.

You can purchase Lucky Block here.  Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *