📊 EUR/USD Weekly Analysis
Here’s my weekly technical & fundamental outlook for EUR/USD, showing a strong upside potential of over 700 pips.
✅ Technical View:
The pair has broken out of a long consolidation range (blue box) with strong bullish momentum.
A rounded bottom pattern and potential retest around 1.1500 – 1.1600 support further upside.
Targets: 1.19845 as first resistance, then 1.23982 as a major resistance zone.
Watch for price action confirmation near support to catch the best buying opportunities.
✅ Fundamental Insight:
USD strength may ease amid monetary policy uncertainty.
Eurozone fundamentals are improving, supporting the bullish case.
🎯 Key Levels:
Major Support: 1.1500 – 1.1600
Key Resistances: 1.19845, 1.23982
📢 If you enjoy high-quality market ideas:
Don’t forget to Like 👍 – Comment 💬 – Share 📤 – Follow 🔔 me here on TradingView for the best setups every week!
Here’s my weekly technical & fundamental outlook for EUR/USD, showing a strong upside potential of over 700 pips.
✅ Technical View:
The pair has broken out of a long consolidation range (blue box) with strong bullish momentum.
A rounded bottom pattern and potential retest around 1.1500 – 1.1600 support further upside.
Targets: 1.19845 as first resistance, then 1.23982 as a major resistance zone.
Watch for price action confirmation near support to catch the best buying opportunities.
✅ Fundamental Insight:
USD strength may ease amid monetary policy uncertainty.
Eurozone fundamentals are improving, supporting the bullish case.
🎯 Key Levels:
Major Support: 1.1500 – 1.1600
Key Resistances: 1.19845, 1.23982
📢 If you enjoy high-quality market ideas:
Don’t forget to Like 👍 – Comment 💬 – Share 📤 – Follow 🔔 me here on TradingView for the best setups every week!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.