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EUR/USD Oversold on the weekly

TeddytheBear Posted 4 July as Analysis on EUR/USD, Target: 1.24817, Date: 3rd of September, 12:00 GMT  in #Technical analysis #EUR/USD
As we can see its oversold on the weekly using the regression channel indicator available in the jStore.
SL: 1.15865
Entry: Today
TP1 1.20815
TP2: 1.24817
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EUR/USD oversold on the weekly

TeddytheBear Posted 26 May as Analysis on EUR/USD, Target: 1.20179, Date: 2nd of July, 12:00 GMT  in #Technical analysis #EUR/USD
As we can see here the EURO is massively oversold on the weekly chart. Fibonacci levels are based on astronomical price levels of 1 January 1999
I expect were going test 38,2% at 1,5441 the coming week and afterward will start a reversal.
  • Entry: 1,5441
  • SL: 1,5200 or 1,5000

  • TP1 - 50% 1,17820
  • TP2 - 61,80% 1.20179
  • TP3 - 75% 1.22860

Daily chart also indicates we are oversold and we can see we have our entry zone just beneath the tunnel. Keep your eyes on this idea and feel free to contact me!

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TeddytheBear 6 June

First target reached hope you made some profits!

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