Forex Analysis for EUR/GBP

EUR/USD: Inflation Drives Trends At the beginning of last week, the Dollar Index (DXY) continued its decline that began on October 3, while global equity markets experienced growth. The dovish stance of Federal Reserve officials and the falling yields on U.S. Treasury bonds were driving factors......

EUR/USD: Awaiting the Federal Reserve and ECB Meetings When the DXY Dollar Index dropped to April 2022 levels (99.65) on July 14, many market participants concluded that the best days for the American currency were over. Inflation is nearing target levels, and in order not to suffocate the econom.....

13.04.2023EURUSD, “Euro vs US Dollar”On H4 near the resistance, EURUSD has formed a Harami reversal pattern. The instrument may now go by the reversal signal in a descending wave. The target for the correction might be 1.0935. However, the pair may grow to 1.1040 and continue the uptrend without tes...

10.04.2023EURUSD, “Euro vs US Dollar”On H4 near the resistance, EURUSD has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1.0860. However, the price may grow to 1.0990 and continue the up...

05.04.2023EURUSD, “Euro vs US Dollar”On H4, near the resistance level, the quotes have formed a Shooting Star reversal pattern. Currently, the instrument can go by the reversal signal in a descending wave. The target for the correction might be 1.0890. However, the price may rise to 1.1000 and conti...

EUR/USD: Why the Dollar Fell Last week passed without sharp jumps. The dollar continued to fall in price, and EUR/USD returned by March 30 to where it was traded seven days before. The local maximum was fixed at 1.0925, and the five-day period finished at 1.0842. The dollar continues to be pressure....

31.03.2023EURUSD, “Euro vs US Dollar”On H4, near the resistance, EURUSD has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1.0850. However, the price may grow to 1.0950 and continue the u...

28.03.2023EURUSD, “Euro vs US Dollar”On H4, near the support level, EURUSD has formed a Harami reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The target of the growth might be 1.0920. However, the price may still pull back to 1.0775 and continue the uptren...

23.03.2023EURUSD, “Euro vs US Dollar”On H4, near the support level, the pair has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target for the growth might be 1.0955. However, the price might pull back to 1.0870 and continue the ...

20.03.2023EURUSD, “Euro vs US Dollar”On H4, near the support, EURUSD has formed a Hammer reversal pattern. Currently, the pair can go by the reversal signal in an ascending wave. The target for the growth might be 1.0725. However, the price might pull back to 1.0650 and continue the uptrend after te...

15.03.2023EURUSD, “Euro vs US Dollar”On H4, EURUSD has formed a reversal pattern of a Long-Legged Doji near the resistance level. At this stage, the signal from the reversal candlestick pattern may trigger a downward wave. The target for the pullback will be 1.0710. However, one should not exclude t...

10.03.2023EURUSD, “Euro vs US Dollar”On H4, near the support level, the EURUSD has formed an Inverted Hammer reversal pattern. The pair may now go by the reversal pattern in an ascending wave. The target of the growth might be 1.0615. However, the price might drop to 1.0535 and continue the downtren...

06.03.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed an Invertes Hammer reversal pattern. The pair is now going by the signal in an ascending wave. The target of the growth might be 1.0700. However, the palrice may drop to 1.0580 and continue the downtrend without pu...

03.03.2023EURGBP, “Euro vs Great Britain Pound”EURGBP has pushed off the upper border of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 0.8840 is expected, followed by growth to 0.8955. An additional sig...

01.03.2023EURUSD, “Euro vs US Dollar”On H4, at the support level the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0650. However, the price may drop to 1.0530 and continue the downtrend without pulling bac...

22.02.2023EURUSD, “Euro vs US Dollar”On H4, at the support level the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the quotes may correct to 1.0620 and continue the uptrend after testing the...

17.02.2023EURUSD, “Euro vs US Dollar”On H4, at the resistance level the pair has formed a Longed Legged Doji reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the pullback might be 1.0600. However, the price may grow to 1.0720 and continue the uptrend with...

14.02.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0800. However, the price may pull back to 1.0665, bounce off it and continue the uptrend ...

09.02.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth might be 1.0825. However, the pair may pull back to 1.0700, bounce off it and continue the uptrend aft...

06.02.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Now the pair can go by the reversal signal in an ascending wave. The goal of the growth might still be 1.0930. However, the pair may pull back to 1.0715, bounce off it and conti...

01.02.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0830, bounce off it, and continue the uptrend after the...

27.01.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Harami reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth will be 1.0980. However, the price may pull back to 1.0830, bounce off the level, and continue the upt...

24.01.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The pair now continues going by the signal in an ascending wave. The goal of the growth might be 1.0960. However, the price may pull back to 1.0835, bounce off it, and continue ...

19.01.2023EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0765, bounce off it, and continue the uptrend...

16.01.2023EURUSD, “Euro vs US Dollar”On H4, at the resistance level, the pair has formed a Hanging Man reversal pattern. The pair may now go by the signal in a correctional wave. The goal of the pullback might be 1.0800. However, the pair may grow to 1.0930, break through it, and continue the uptren...

11.01.2023EURUSD, “Euro vs US Dollar”On H4, at the resistance level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal in the form of a correctional wave. The goal of the pullback might be 1.0700. However, the price may grow to 1.0820, break through it, and cont...

30.12.2022EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Harami reversal pattern. The pair is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the price may pull back to 1.0610, bounce off it, and continue the uptrend witho...

27.12.2022EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Hammer reversal pattern. Now it may go by the signal in an ascending wave. The goal of the growth might be 1.0720. However, the price may pull back to 1.0600, bounce off it, and continue the uptrend without a cor...

22.12.2022EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Currently, the pair is going by the reversal signal in an ascending wave. The goal of the growth might be 1.0725. However, the price may pull back to 1.0600, bounce off it, and ...

07.12.2022EURUSD, “Euro vs US Dollar”On H4, at the resistance level the currency pair has formed a Hanging Man reversal pattern. The pair is now going by the signal in a correctional wave. The goal of the pullback might be 1.0380. However, the price may grow to 1.0640, break through it, and continue...