EUR/USD is catching an opening bid at the start of the week but the weekly chart is pressured on the front side of a well-defined trendline as the following analysis will show.

The weekly wick highlighted was followed by a lower low last week, so while last week's close was an indecisive one, the path of least resistance remains to the downside until a close above last week's highs near 0.98 the figure.


The daily chart's structure aligns with the bearish weekly bias. The M-formation's neckline is holding up, so far, as resistance and the price remains below Friday's and last week's high in the open. Another test and failure to break there, near a 50% mean reversion of the prior bearish impulse, 0.9815, could lead to a downside extension for the days ahead. A break of last week's low will likely seal the deal for a move into the bear cycle lows of 0.9535 and beyond with 0.9400 on the radar.

EUR/USD's structure is bearish while the price remains below the trendline resistance. The double top and M-formation would be expected to keep the pressure tilted to the downside for the opening sessions of the week.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.