empty
 
 
17.01.2022: Forex Analysis & Reviews: Short-term technical analysis on EURUSD.
loader
Forex forecast 13/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500 and Bitcoin
2026-02-13 UTC+3
Forex forecast 12/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500, Ethereum and Bitcoin
2026-02-12 UTC+3
Forex forecast 11/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500 and Bitcoin
2026-02-11 UTC+3
Forex forecast 10/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500 and Bitcoin
2026-02-10 UTC+3
Forex forecast 09/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500 and Bitcoin
2026-02-10 UTC+3
Forex forecast 06/02/2026:EUR/USD, USD/JPY, GBP/USD, Gold and Bitcoin
2026-02-06 UTC+3
Forex forecast 05/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold and Bitcoin
2026-02-05 UTC+3
Forex forecast 04/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, Oil, SP500 and Bitcoin
2026-02-04 UTC+3
Forex forecast 03/02/2026: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, Gold and Bitcoin
2026-02-03 UTC+3
Forex forecast 02/02/2026: EUR/USD, USD/JPY, GBP/USD, Gold, Silver, SP500 and Bitcoin
2026-02-02 UTC+3
Forex forecast 30/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SPX, Oil and Bitcoin
2026-01-30 UTC+3
Forex forecast 29/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SPX, Oil and Bitcoin
2026-01-29 UTC+3
Forex forecast 28/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SPX, USDX and Bitcoin
2026-01-28 UTC+3
Forex forecast 27/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SPX and Bitcoin
2026-01-27 UTC+3
Forex forecast 26/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, USDX and Bitcoin
2026-01-26 UTC+3
Forex forecast 23/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SPX and Bitcoin
2026-01-23 UTC+3
Forex forecast 22/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500, Oil and Bitcoin
2026-01-22 UTC+3
Forex forecast 21/01/2026: EUR/USD, USD/JPY, GBP/USD, Gold, Oil and Bitcoin
2026-01-21 UTC+3

EURUSD is trading around 1.14, back testing the broken upper channel boundary, which is now support. Bulls want to see price bounce off the channel boundary and resume the up trend. On the other hand, bears want to see price break below 1.1350 and re-enter the medium-term bearish channel.

analytics61e5749b742c1.jpg


Black
lines- bearish channel


Last
week EURUSD broke out of the medium-term bearish channel. On Friday
price started a reversal as a back test of the broken channel. It was
justified to see price back test the upper channel boundary. This
week starts where the previous one ended, with EURUSD under pressure
testing the channel boundary. Bulls want to see price continue to
respect the channel boundary and bounce off of it. On the other hand
bears want to see price break back inside the bearish channel. The bounce from 1.1273 has risen an equal amount with the first leg higher. The entire bounce from 1.1186 could very well be over.

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback