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(EUR | USD) Forex Trading Analysis Today Forex Forecast | MAR 25, 2023 | EURUSD Analysis

muhammadfawad - 2024-03-25 01:11:57


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Forex Trading Analysis



Hello, guys, today is Monday, March 25th, 2024 I am going to analyze the EURUSD currency pair let us start the top-to-bottom Elite wave analysis inside the daily time frame the trend is up in euro dollar currency here daily time frame support is present at 1.0760$ price level price action is most likely going to rise to print bullish wave B leg which is going to complete double zigzag corrective leg in coming trading days a decisive bearish break below 1.0760$ support area is going to end up trending daily chart of Euro versus United States dollar currency pair


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At 4H hour time frame price AC is sprinting lower swing highs and lower swing lows to me euro-dollar pair Trend looks down in 4hour time frame


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At 1 hour time frame, the trend is up in 1 hour chart intraday support is present at 1.0794$ price level price action is most likely going to rise up to print bullish with Y double zigzag leg which offers a chance to join an uptrend in euro dollar pair I a bearish break below 1.0794$ support level is going to end uptrend in 1 hour chart of Euro versus United States dollar currency pair


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The green color the highlighted area offers a buying opportunity which is the previous wave B of lesser degree do not jump into the market with a Buy trade wait for a bullish breakout First Take note you must always trade with money management rules to control risk


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