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Hello Traders
I hope you made it in the green last week.
Let’s have a look into this week upcoming fundamental news.
Let’s dig into supply & demand levels for this week.
Eur Usd
EUR/USD Daily Chart:
Eur/Usd is bouncing up very well from the daily demand zone of 1.14780 – 1.15560 which was mentioned in the last 2 weeks analysis.
In my opinion none of the recent zones is clean enough to hold price down and looks like price is heading towards the fresh supply level at 1.21877 – 1.21877 zone.
Next fresh supply on EUR/USD Dailly chart:
- 1.21877 – 1.21877
Next fresh demand zones on EUR/USD Dailly chart:
- 1.17578 – 1.17129
- 1.15560 – 1.14780 (Tested once, could hold more)
- 1.12230 – 1.11730
EUR/USD 4H Chart
Next fresh supply zone on the 4h EUR/USD chart seems to be:
- 1.18280 – 1.18610
Next fresh demand zone on the 4h EUR/USD chart seems to be:
- 1.18605 – 1.18360
- 1.17570 – 1.17325
- 1.16755-1.16380
- 1.15260 – 1.14775
EUR/USD 1H Chart
Next fresh supply zone on the 1h EUR/USD chart seems to be:
- 1.19590 – 1.19840
Fresh 1h demand levels on on the 1h EUR/USD chart:
- 1.18685 – 1.18555
- 1.16780 – 1.16615
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