Lingrid Forex Signals
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Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD market has been in mess for the past couple of days,๐Ÿ“Š with a sharp impulse leg down followed by a swift impulse leg up. ๐Ÿ”ƒ The market is currently pulling back towards the resistance zone, having recently broken out from the range zone. I believe that we'll get a clear trend direction next week. ใ€ฝ๏ธ

However, the market made ๐Ÿ”ป a fake breakout of the resistance at 1.08300. With another high-impact news event today,๐Ÿ—ž I'm expecting the market to remain range-bound, potentially even moving lower after retesting the range zone. If the EURUSD fails to break above the resistance zone around 1.0830-1.0840, โคต๏ธ we can expect a rebound from this level.

๐ŸŽฏMy goal is the support level of around 1.07535
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my last idea.๐Ÿ“Œ It played out nicely; it fell from resistance and hit the targeted level. On the 4H chart, EURUSD has โคต๏ธ bounced off the resistance level, forming an impulsive movement. However, on the daily๐Ÿ“Š chart, the market has formed a large ๐Ÿป bearish candle, indicating a bearish momentum.

I think ๐Ÿง it's likely that the price will pull back โคด๏ธ to the resistance zone and then continue its downward move before the major news release.๐Ÿ—ž If the price does pull back against the main trend, it's likely that the market will continue to move downward,๐Ÿ”ป as this would be a classic example of a bearish correction then trend continuation.๐Ÿ“‰

๐ŸŽฏMy goal is the support level of around 1.06800
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my last idea.๐Ÿ“ŒThe price perfectly fulfilled my last idea. EURUSD is currently forming a double bottom pattern๐Ÿ“ after its recent channel breakout. On the 1H timeframe, the market has been trading sideways since the ๐Ÿ‡ฏ๐Ÿ‡ต Asian session, suggesting a potential โธ pause in the bearish momentum.

๐Ÿ”Ž Given that the markets often consolidate ๐ŸŒ after significant moves, I expect the EUR to continue moving sideways for now. However, if the price pulls back โคด๏ธ to the resistance zone around 1.07400-1.07600, I anticipate a bearish trend ๐Ÿป continuation from this level.

๐ŸŽฏMy goal is the support level of around 1.06600
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my last idea.๐Ÿ“Œ It hit the target zone. The price has reached the support level and has struggled ๐Ÿ˜ฎโ€๐Ÿ’จ to extend its downward movement. Notably, EURUSD formed an equal low,๐Ÿ“ indicating that the bears may be exhausting their strength. Instead, the market formed a double bottom pattern with a divergenceโ†—๏ธ at the support level, which is a classic sign of reversal.

๐Ÿ“Š The market has rebounded from this ๐Ÿ“ˆ support zone before, and it's possible that it may do so again. With the momentum building up โšก๏ธ before the pullback, there's a possibility that the price action could form a ๐Ÿ”€ range zone. Overall, I expect the market to retest the resistance level.

๐ŸŽฏMy goal is the resistance zone around 1.07627
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +50pโœ…
โ„–2EURUSD +62pโœ…
โ„–3EURUSD +75pโœ…
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD has rebounded off ใ€ฝ๏ธ a strong resistance zone, creating a pattern of lower highs. It's possible that we may see a period of ๐Ÿ”€ sideways trading until the New York session.๐Ÿ“Š Currently, the market remains below the resistance level of 1.07000, which was broken and closed below.

On the daily chart, we can see a๐Ÿป bearish candle formed, indicating a bearish momentum. If the market fails to break โŒ above this resistance and the upward trendline, we can expect to see another lower high form.๐Ÿ“‰ I expect a fake breakout of the key level at 1.07000, followed by a continuation of the trend. โคต๏ธ

๐ŸŽฏMy target is the support level around 1.066000.
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +50pโœ…
โ„–2EURUSD +62pโœ…
โ„–3EURUSD +75pโœ…
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD market has gapped up by breaking out โคด๏ธ of the compression channel, and it's now heading towards the resistance zone ๐Ÿ“Œ around 1.08000. Given the ๐Ÿ’ช strong bearish move from theis level before, I think the market might bounce off this resistance level.

๐Ÿ“Š On the weekly chart, the price action has broken above the previous two week's highs. Most likely the market will seek liquidity above ๐Ÿช the these highs to move down to fill the gap. I'm expecting a retest of the resistance zone between 1.07900 and 1.08000,๐Ÿ“‰ followed by a pullback, as the trend still appears bearish.

๐ŸŽฏMy goal is the support level of around 1.07535
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +50pโœ…
โ„–2EURUSD +62pโœ…
โ„–3EURUSD +75pโœ…
โ„–4EURUSD +93pโœ…
โ„–5EURUSD -19pโŒ
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD pulled back into a consolidation zone ๐ŸŒ after being rejected at the resistance level. I think the market will likely remain range-bound until the ๐Ÿ‡บ๐Ÿ‡ธ New York session, given the high-impact ๐Ÿ“ฐ news events that are scheduled to occur.

However, if the price ๐Ÿ“ˆ retests this resistance level and is rejected with a long-tailed candlestick pattern,๐Ÿ“ it could indicate a potential reversal or further downward momentum, ๐Ÿ“‰ as the price has already made a significant move down from this level in the past.

๐ŸŽฏMy target is the support level at 1.06910 from the resistance zone.
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +50pโœ…
โ„–2EURUSD +62pโœ…
โ„–3EURUSD +75pโœ…
โ„–4EURUSD +93pโœ…
โ„–5EURUSD -19pโŒ
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD is gaining ๐Ÿƒ bullish momentum, having broken out of a significant consolidation zone and also breaking through the downward trendline.โšก๏ธ Additionally, the market has managed to close above the crucial 1.07400 level, ๐Ÿ”‘ which has been tested multiple times before.

Today's high-impact news๐Ÿ”ด has the potential to alter the market's direction in any way. However, I anticipate a short-term correctionโคต๏ธ to the support level before resuming its upward trajectory. This correction will likely be followed by an upward movement ๐Ÿ“ˆ if the price rejects the support level.

๐ŸŽฏMy target is the around resistance zone at 1.08000.
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my previous idea.๐Ÿ“Œ It hit the target zone. After the recent news, the EURUSD is now making its way towards the โคด๏ธ next resistance zone. As we can see, the market is currently ranging around the ๐Ÿ— key level of 1.08000, which suggests that if it breaks through this level, it may continue to rise.๐Ÿ“ˆ

The price has gained ๐Ÿƒ bullish momentum, and with this momentum, I'm expecting a breakout retest ๐Ÿ”ƒ scenario to play out. In other words, I think the price might retset the support at 1.07700 before continuing its ๐Ÿš€ upward movement.

๐ŸŽฏMy target is the resistance level at 1.08315
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my previous idea.๐Ÿ“Œ It hit the target zone. EURUSD has rebounded from its support level and is now heading towards the โ†—๏ธ next resistance zone. Currently, the market is testing both the June open price and the previous week's highs.๐Ÿ“Š After such a move, it's common for the price to either consolidate or experience a correction. On the 1H timeframe, we're seeing a ใ€ฝ๏ธ divergence that suggests a potential pullback.

However, ๐Ÿง given the magnitude of the recent ๐Ÿƒ bullish rally, it's likely to continue if it breaks and closes above the previous lower high.๐Ÿ“ˆ I'm expecting a pullback towards the swap zone, where the price has bounced off twice previously, before resuming its upward trajectory towards the next resistance level. โšก๏ธ

๐ŸŽฏMy goal is the resistance level around 1.08800
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
The price perfectly fulfilled my previous idea.๐Ÿ“Œ After breaking out of the downward channel, the market is now moving towards โšก๏ธ the next significant resistance zone. EURUSD has closed above the๐Ÿ— crucial level of 1.08500 that was tested twice. Yesterday's response to the 1.0900 level was weak, indicating a lack of strong bearish momentum.

With high-impact news โญ•๏ธ on the horizon, market volatility is likely to increase today. Given the current ๐Ÿƒ bullish trend, I expect to see a rejection of the support level followed by an upward move,๐Ÿ“ˆ potentially targeting the higher resistance zone.

๐ŸŽฏMy goal is the resistance level at 1.09350
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +72pโœ…
โ„–2EURUSD +32pโœ…
โ„–3EURUSD +75pโœ…
Hello friendsโค๏ธ
#EURUSD
๐Ÿ‘‰New forecast
EURUSD has broken above the ๐Ÿ— key support level of 1.08500, which was a major resistance. Looking left,๐Ÿ”Ž we can see that the price is now testing a previously resistance zone where it rapidly fell.๐Ÿ”ป Furthermore, there is a bearish divergence ใ€ฝ๏ธ on the indicators, suggesting a potential retracement.

Therefore I expect a โคต๏ธ pullback in the market. If the price does pull back to the support level and the upward trendline, we can look for potential buying opportunities.๐Ÿ’น I expect to see a rejection of the support level followed by an upward move. ๐Ÿ“ˆ This would confirm that the market is resuming its uptrend.

๐ŸŽฏMy goal is the resistance at 1.096300
โž–โž–โž–โž–โž–โž–โž–โž–โž–
My past forecasts on EURUSD๐Ÿ‘ฉโ€๐Ÿ’ป
โ„–1EURUSD +72pโœ…
โ„–2EURUSD +32pโœ…
โ„–3EURUSD +75pโœ