EURUSD Price Analysis The EURUSD price ended last Friday below 1.0715$ level, but we notice that the EMA50 formed good support to stop the decline and push the price to start recovery attempts by todays open, accompanied by witnessing positive overlapping signal through stochastic now. Therefore, we believe that the chances valid to rise in the upcoming sessions, and the...

Number of traders net-short has decreased by 20.36% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Wall Street BEARISH 53.72% 46.28% 50.17% Daily34.44% Weekly -21.07% Daily-20.36% Weekly 5.93% Daily1.97% Weekly Wall Street Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 50% -21% 6% Weekly 34%...

EURUSD Price Analysis The EURUSD price faces negative pressure to break the 1.0715$ level and attempts to hold below it. The recent trades are confined within a minor bullish channel that we believe forms a bearish flag pattern. Breaking 1.0695$ will activate the negative effect of this pattern and push the price to resume the main bearish trend, opening the...

EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday above the 1.0715$ level, paving the way to build a bullish wave on the intraday basis. Our first target is located at 1.0795$, with a note that breaching this level will push the price towards 1.0875$ as the next positive station. The bullish bias will be suggested in the upcoming...