EURUSD -Weekly forecast, Technical Analysis & Trading Ideas

💡Daily Timeframe:

• EURUSD has been in a Range Bound recently. It touched and reject from 1.0528 major resistance today.
  
• A peak is formed in daily chart at 1.05285 on 02/26/2025, so more losses to support(s) 1.03570, 1.02920 and minimum to Major Support (1.01779) is expected.
  

💡Four-hour Timeframe:

• The uptrend is broken, and price is in an impulse wave.
  
• The bearish wave is expected to continue as long as the price is below the strong resistance at 1.0528
  
• A strong bearish divergence has also formed in the RSI.
  

💡One-hour Timeframe:
1.0457 support is broken now. It will act as a Resistance now!

Forecast:

• 1- Correction wave toward the Sell Zone
  
• 2- Another Downward Impulse wave toward Lower TPs
  
• SL: Above 1.0528
  

__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,

. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)

🙏 Your support is appreciated!

Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Have a successful week,
ForecastCity Support Team