Euro Chart and Technical Analysis

The Euro chart catalog below is an aggregation of the Technical Analysis and Outlook published ideologies in the TradingView platform whenever TradeSelecter.com posts new currency market developments that become known.

The Euro-Dollar is the European Union (EU) official currency that consists of 19 out of the 27 member states of the EU. This group of states is also known as the eurozone - Click on the link below to access the chart and ''Update Idea.''

EUR/USD Daily Chart Analysis For Week of December 1, 2023

After completing our designated Inner Currency Rally 1.099 target this week's session, the Eurodollar performed as flagged in our EUR/USD Daily Chart Analysis for Nov 24 by dropping it to a primary pivotal squeeze to Mean Sup 1.087. The current price action suggests a dead-cat bounce to Mean Res 1.092 with a potential rise to retest the completed Inner Currency Rally 1.099 with a follow-through squeeze.

EUR/USD Daily Chart Analysis For Week of November 24, 2023

After a pullback, the Eurodollar aims for our designated target, Inner Currency Rally 1.099. This comes after the currency repeatedly hit strong Key Res 1.092 in this week's price action. This suggests that the Eurodollar may experience an imminent rally to Inner Currency Rally 1.099 in this upcoming session, potentially bringing it to a primary pivotal squeeze with an extension all the way to Mean Sup 1.087.

EUR/USD Daily Chart Analysis For Week of November 17, 2023

The Eurodollar has experienced a notable recovery after successfully achieving the designated target of Inner Currency Rally 1.077. This means the Euro has bounced back significantly and shows positive momentum in the currency market.

However, as the Eurodollar approaches the next selected mark, Key Res 1.092, it may encounter significant resistance. The price of this resistance level is essential, suggesting whether the Eurodollar will likely fall further.

Furthermore, if the Eurodollar fails to surpass the Key Res 1.092 level, it could continue its downward momentum and reach the Mean Support level of 1.084. This crucial support level will offer a substantial price platform against further downward movements. Therefore, it is also essential to keep an eye on the Eurodollar's performance at this level.

EUR/USD Daily Chart Analysis For Week of November 10, 2023

The Eurodollar has undergone a notable downtrend movement from our Key Resistance level of 1.075, a significant level of resistance that the currency has been unable to break through. As a result, it is now expected to gradually move towards the Mean Support level of 1.061, which is strategic support for the currency. Furthermore, the Eurodollar may extend its bearish momentum and reach the Mean Support level of 1.056, which is a firm level of support.

However, it is worth noting that the currency could rebound toward uncompleted Inner Currency Rally 1.077 and Key Res 1.075, a level of resistance that the Eurodollar tested in this week's trading session. If the currency breaks through these two levels, it could complete the current Inner Currency Rally 1.077 and continue its upward trend.

EUR/USD Daily Chart Analysis For Week of November 3, 2023

Make no doubt that the Eurodollar has jubilantly bounced above our Inner Currency Rally of 1.070 with an eye on the ensuing Key Res 1.075 and Inner Currency Rally of 1.077. The upcoming pivotal reversal will likely take us down to Mean Sup 1.056 and Key Sup 1.047.

EUR/USD Daily Chart Analysis For Week of October 27, 2023

As projected, the Eurodollar completed our Inner Currency Rally of 1.070 and retracted to the designated price target Mean Sup 1.053. The intermediate price action suggests the continuation of the Reignited Pivotal Down Move to retest Key Sup 1.047 and completed Outer Currency Dip 1.045 with an extension on the horizon of Next Outer Currency Dip 1.035. Rebound to Mean Res 1.060 is a possibility.

EUR/USD Daily Chart Analysis For Week of October 20, 2023

This week's trading saw the Eurodollar drawn to the Mean Res of 1.062, its main attraction. The intermediate price action may cause a pullback to Mean Sup 1.053 before resuming rebounding to Inner Currency Rally 1.070 with the completion of the pullback to follow.

EUR/USD Daily Chart Analysis For Week of October 13, 2023

As our analysis of the EUR/USD daily chart for the week of October 6 indicated, the Eurodollar hit our mean resistance level of 1.062 a few times and is drifting lower toward the mean support level of 1.047. The price may rebound strongly from this zone of upcoming week price action.

EUR/USD Daily Chart Analysis For Week of October 6, 2023

The Eurodollar has tested the Outer Currency Dip of 1.050 multiple times. It has risen during this week's trading session, as our EUR/USD Daily Chart Analysis for the Week of September 29 indicated: For the upcoming week, the up target is Mean Res 1.062, and on the downside the Mean Sup 1.050 and completed Outer Currency Dip of 1.050.

EUR/USD Daily Chart Analysis For Week of September 29, 2023

The Eurodollar has successfully reached our predicted Next Outer Currency Dip of 1.050 and has since rebounded strongly to retest the previously achieved Outer Currency Dip of 1.062, which is now considered a new resistance point. It is possible that the trading zone may continue to rise. The next target for a decrease is the retest of the Mean Sup and Outer Currency Dip of 1.050.

EUR/USD Daily Chart Analysis For Week of September 22, 2023

In this week's trading, the Eurodollar fulfilled its legacy by completing our Outer Currency Dip of 1.062 with an intermediate rebound retest to Mean Res 1.070 and 1.075 possibilities. The next major down target is the Outer Currency Dip of 1.050.

EUR/USD Daily Chart Analysis For Week of September 15, 2023

This week, the Eurodollar continued drifting lower following last week, completing our Outer Currency Dip of 1.062. The continuation to the next Outer Currency Dip 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.075 is possible.

EUR/USD Daily Chart Analysis For Week of September 8, 2023

The Eurodollar drifted lower in this week's trading, completing our Outer Currency Dip of 1.070. The continuation to the extension of the Pivotal Down targets 1.062 and 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.080 is possible.

EUR/USD Daily Chart Analysis For Week of September 1, 2023

The Eurodollar rebounded off to our Mean Res 1.090 and some more; however, as a solid ongoing pivotal move, sentiment mode is dictating the designated target of the Outer Currency Dip 1.070 is inevitable.

EUR/USD Daily Chart Analysis For Week of August 25, 2023

This week's price action of the Eurodollar turned out to be nothing but down modish as projected, by fulfilling our Outer Currency Dip of 1.087 and drifting to the next Outer Currency Dip of 1.070. However, the dead-cat rebound to Mean Res 1.090 should not be ignored.

EUR/USD Daily Chart Analysis For Week of August 18, 2023

The price action of the Eurodollar remained downwards as projected by Trade Selecter by completing our major target Outer Currency Dip 1.087. However, a strong rebound is possible with Mean Res 1.101 as a target. On the downside, price action might take us to the Next Outer Currency Dip of 1.070.

EUR/USD Daily Chart Analysis For Week of August 11, 2023

This week, the price action of the Eurodollar remained stagnant between the Mean Res 1.102 and Mean Sup 1.094. Thursday's reversal tips its hand to continue the pivotal down-move mode with the target, Outer Currency Dip 1.087. However, another jump toward the Mean Res 1.102 level is also possible in this rigged market.

EUR/USD Daily Chart Analysis For Week of August 4, 2023

In this week's session, the Eurodollar has decreased to our Outer Currency Dip of 1.087. This has resulted in a very weak Mean Res of 1.102. However, Friday's reversal could indicate a potential extension of the dead cat bounce to Mean Res 1.109, while the Mean Sup of 1.094 is lingering below.

EUR/USD Daily Chart Analysis For Week of July 28, 2023

During this week's session, the Eurodollar decreased and reached our Mean Support level at 1.100 and lower, which suggests that it may continue to decline toward the Outer Currency Dip of 1.087. It could also rise and retest the Mean Resistance level at 1.109 to eliminate weak short positions. It's essential to consider this upward movement known as a "dead cat bounce."

EUR/USD Daily Chart Analysis For Week of July 21, 2023

This week, the Eurodollar will likely retest Mean Sup 1.100. However, it could jumpstart and retest the completed Inner Currency Rally 1.124. It's important to treat this move as the dead cat bounce.

EUR/USD Daily Chart Analysis For Week of July 14, 2023

This week, the Eurodollar did its Jumpgate performance once again.
It completed our Outer Currency Rally 1.124 and is developing possible pivotal retracement to Mean Sup 1.100. However, the price may jumpstart to Inner Currency Rally 1.133.

EUR/USD Daily Chart Analysis For Week of July 7, 2023

This week, the Eurodollar did its Jumpgate performance. It established the newly created Mean Sup 1.085, indicating its potential to retest the completed Outer Currency Rally with determination. However, the price may decrease to Mean Sup 1.099 (the opposite of Mean Res) before returning to the crime scene.

EUR/USD Daily Chart Analysis For Week of June 30, 2023

The euro-dollar is moving towards the important Mean Sup 1.080 target after the completion of the Inner Currency Rally 1.096. However, there is a chance for a rebound with the newly established target of Mean Res 1.099 and continue beyond.

EUR/USD Daily Chart Analysis For Week of June 16, 2023

The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 9 - the price action hit our initial upside target of Mean Res 1.082 and beyond by completing our Inner Currency Rally 1.096. The unconfirmed pivotal down move is in progress, with the mark aimed to mean Sup 1.080. Trade Selecter will closely monitor any updates and share any valid confirmation with you.

EUR/USD Daily Chart Analysis For Week of June 9, 2023

The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 2 - the price action hit our initial upside target of Mean Res 1.076. The continuation of the pivotal rebound is expected to push to Mean Res 1.082 this week, following through the pivot move that will take us to Mean Sup 1.068 and possibly two extensions to fulfill our target next Inner Currency Dip 1.047 ultimately. Viewing the Pivotal Down Move prediction is based on the current price action, notwithstanding confirmation from the Trade Selector that will be given before implementing any strategies.

EUR/USD Daily Chart Analysis For Week of June 2, 2023

In our Daily Chart Analysis for the Week of May 26, the euro-dollar price movement followed our projections perfectly. On May 31, the price hit our initial down target of Inner Currency Dip 1.064, followed by a dead cat bounces to our Mean Res 1.075 target last Friday. The retest of the completed Inner Currency Dip 1.064 is in progress, with the strong possibility of falling further to Mean Sup 1.054.

EUR/USD Daily Chart Analysis For Week of May 26, 2023

During this week's trading, the coin has successfully retested the Inner Coin Dip zone and is now expected to bounce back towards the newly established Mean Res $27,500 target. Furthermore, it is anticipated to continue its upward movement towards Mean Res $28,250 in the upcoming week, thereby reigniting the price action upward direction.

EUR/USD Daily Chart Analysis For Week of May 19, 2023

This week's currency drifted lower with the stronghold of our Mean Sup 1.076. Based on the current trading pattern, this downward trend is in dead cat rebound mode targeting Mean Res 1.087. The designated target of the Inner Currency Dip is 1.064 in the cards.

EUR/USD Daily Chart Analysis For Week of May 12, 2023

Over the week, the currency's price action nose-dived and hit our Inner Coin Dip of 1.085. Based on the current trading pattern, this downward trend may continue and reach a low point of Mean Sup 1.074. However, there is still great potential for a rebound by calling a high target of Mean Res 1.098.

EUR/USD Daily Chart Analysis For Week of May 5, 2023

Throughout the week, the currency fluctuated between the Outer Currency Rally levels of 1.110 / Key Resistance of 1.106, with a Mean Support of 1.097. If there is a retest of the Outer Currency Rally of 1.110, the currency could reach a Major Key Resistance of 1.116. However, if the currency falls, the expected targets are Mean Support of 1.097 and a long-awaited Mean Support of 1.080.

EUR/USD Daily Chart Analysis For Week of April 28, 2023

This week, the currency has completed our anticipated target of Outer Currency Rally 1.110 - And with the retreat stayed under Key Res 1.105. The possible retest of the Outer Currency Rally 1.110 might push the currency to a potential Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.097 and long expected Mean Sup 1.080.

EUR/USD Daily Chart Analysis For Week of April 21, 2023

This week, the currency has mostly stayed the same in its trading pattern. However, it is expected to increase in price and reach Outer Currency Rally 1.110, with a potential for further maturation to Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.090 and 1.080.

EUR/USD Daily Chart Analysis For Week of April 14, 2023

The Eurodollar has obsoleted two resistance targets: Mean Res 1.095 and Key Res 1.099, respectively, in the latter part of the trading session this week, aiming for a further upside move to Outer Currency Rally 1.110 and Major Key Res 1.116 for the present is deferred. The current downside target is Mean Sup 1.097 and 1.084.

EUR/USD Daily Chart Analysis For Week of April 7, 2023

The Eurodollar has obsoleted completed Intermediate Inner Currency Rally of 1.092 target and created a new Mean Res 1.095 to restart pivotal pullback to newly created Mean Sup 1.084 and expand the movement to Mean Sup 1.074 at a later development - Big picture downtrend to Mean Sup 1.050 and Inner Currency Dip of 1.046 is in the process.

EUR/USD Daily Chart Analysis For Week of March 31, 2023

The currency repeated its completed Intermediate Inner Currency Rally of 1.092, posting new Mean Res 1.090 with a price action pointing to our Mean Sup 1.074 - Resumption downtrend to Mean Sup 1.050 and Inner Currency Dip of 1.046 in process.

EUR/USD Daily Chart Analysis For Week of March 24, 2023

The currency has completed our Inner Currency Rally 1.092 as well, posting new Mean Res 1.085 with a possibility of the retest of the letter. The main down path target is Mean Sup 1.074 - Resumption to Inner Currency Dip of 1.046 is in progress.

EUR/USD Daily Chart Analysis For Week of March 17, 2023

The currency continued trading within Mean Sup 1.054 and extended to Mean Res 1.075 envelope this week as specified on Daily Chart Analysis For the Week of March 10 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 is in progress.

EUR/USD Daily Chart Analysis For Week of March 10, 2023

The currency continued trading within Mean Sup 1.054 and Mean Res 1.070 envelope this week as specified on Daily Chart Analysis For the Week of March 3 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 is in progress.

EUR/USD Daily Chart Analysis For Week of March 3, 2023

The currency is in doggy do rebound mode to the initial target of Mean Res 1.070 with a wild possibility of drifting to the Mean Res 1.075 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 will continue.

EUR/USD Daily Chart Analysis For Week of February 24, 2023

The Eurodollar continued a downward spiral this week, as shown on EUR/USD Daily Chart Analysis For the Week of Feb 17. The price action hit our Mean Sup 1.066 for several days, indicating its bearish mode. The leading downside target designation is Mean Sup 1.052 and the Inner Currency Dip of 1.046. Once this puppy hits our targets, we will see a revival to the upside aiming for the main target of the Mean Res 1.060.

EUR/USD Daily Chart Analysis For Week of February 17, 2023

The Eurodollar this week continued a downward retreat. The price action created new Mean Sup 1.066 as the intermediary beak point from the knockout punch. The leading upside target designation is Mean Res 1.075 - dead cat rebound. Once this puppy settles down, we will see a revival to the downside aiming for the main target of the Inner Currency Dip of 1.046.

EUR/USD Daily Chart Analysis For Week of February 10, 2023

The Eurodollar this week continued a downward spiral retreat to the crime scene of Mean Sup 1.078 and Mean Sup 1.070 from our newly created Mean Res 1.099 as shown on EUR/USD Daily Chart Analysis For the Week of Feb 3. The leading target designations are Mean Sup 1.052 and Inner Currency Dip 1.046 - dead cat rebound is expected.

EUR/USD Daily Chart Analysis For Week of February 3, 2023

The Eurodollar pivoted from completing our newly created Mean Res 1.099 and is returning to the crime scene of Mean Sup 1.078 with possible additional downward movement to Mean Sup 1.070 - dead cat rebound is expected.

EUR/USD Daily Chart Analysis For Week of January 27, 2023

The currency pivoted about our newly created Key Res 1.091 and is heading down to Mean Sup 1.078 with possible additional buster energy to Mean Sup 1.070 before reigniting upward action to the Outer Currency Rally $1.110 in the near future.

EUR/USD Daily Chart Analysis For Week of January 20, 2023

The euro-dollar continuously stayed close to our newly created Key Res $1.086 this week and displaying a solid movement towards Outer Currency Rally $1.110 as specified in EUR/USD Daily Chart Analysis for December 30. However, be aware that this puppy is prone to breaking downwards to Mean Sup $1.078 and possibly $1.070 to reignite upward action Outer Currency Rally $1.110.

EUR/USD Daily Chart Analysis For Week of January 13, 2023

The euro-dollar has bounced strongly from Mean Sup 1.052 as specified EUR/USD Daily Chart Analysis for January 6. The prevailing up path to the newly created Mean Res $1.070 and Key Res $1.078 is completed with the eye towards Outer Currency Rally 1.1100. However, be aware that this puppy is in the process of breaking downwards to newly formed Mean Sup $1.070 to reignite upward action as specified above.

EUR/USD Daily Chart Analysis For Week of January 6, 2023

The euro-dollar has bounced strongly from Mean Sup 1.058 as specified EUR/USD Daily Chart Analysis For the Week of December 30. The prevailing up path to the newly created Mean Res $1.070 and Key Res $1.078 is ongoing with the current market sentiment. However, be aware there is the possibility that this puppy may break downwards from Mean Res $1.070 to reignite upward action as specified above.

EUR/USD Daily Chart Analysis For Week of December 30, 2022

The euro-dollar has formed a new strong Mean Sup 1.058. The prevailing up path to the Key Res $1.078 is ongoing with the current market sentiment. However, be aware there is the possibility that this puppy may break downwards from the current position to reignite upward action as specified above.

EUR/USD Daily Chart Analysis For Week of December 23, 2022

The euro-dollar stays put under our Mean Res 1.0680. The prevailing down path points to the Mean Sup 1.0470, and extended probabilities to Mean Sup 1.0330 is a high degree of certainty. However, the upside move to retest Mean Res 1.0680 and Key Res $1.0780 is possible within the current market sentiment. Of course, the question is always, 'Which way will this puppy break from the current position?'.

EUR/USD Daily Chart Analysis For Week of December 16, 2022

The euro-dollar rip through our Mean Res 1.0585 but could not punch to vital Key Res $1.0780. The newly created interim Mean Res 1.0680 is the catalyst to draw the currency to retest the Mean Res 1.0680 and hit the Key Res $1.0780 in the process. The prevailing down path points to the Mean Sup 1.0450 and mildly extended probabilities to Mean Sup 1.0330. However, once the current down sentiment occurs, a furious decline to the additional Mean Support levels may likely happen. Of course, the question is, “From which support level will this puppy break playing down movement position?

EUR/USD Daily Chart Analysis For Week of December 9, 2022

The euro dollar hit our target of the Mean Res 1.0585 twice this week. Advancement to the Key Res 1.0780 is getting more realistic and inevitable. The upcoming prevailing down path points to the new Mean Sup 1.0450 and extended Mean Sup 1.0330. However, once the current down sentiment occurs, a furious decline to the additional Mean Support levels may likely happen. Of course, the question is always “Which way will this puppy break from the current position?”

EUR/USD Daily Chart Analysis For Week of December 2, 2022

The euro dollar continues to rally onto Mean Res 1.0585 is intact with the possibility of an extension to the Key Res 1.0780. The upcoming prevailing down path is pointing to the new Mean Sup 1.0330. Once the current down sentiment occurs, a furious decline to the previously specified support level will emerge - See previous chart analysis postings.

EUR/USD Daily Chart Analysis For Week of November 25, 2022

Eurodollar declined to our Mean Sup 1.0285 as specified on the EUR/USD Daily Chart Analysis For November 18 chart followed by a rebound to strategic completed and retested Inner Currency Rally 1.0380. The current prevailing down path is pointing to the new Mean Sup 1.0237. The current down sentiment is prone to further declines: Mean Sup 1.014, 1.000, and 0.975. The down-trend projects for the Next Outer Currency Dip of 0.937 is being delayed.

EUR/USD Daily Chart Analysis For Week of November 18, 2022

Following the strong Eurodollar rebound the previous week, the currency
completed our designated target of the Inner Currency Rally 1.038 this week, as specified on the EUR/USD Daily Chart Analysis For November 11 chart. Since completing the target, the Eurodollar is in retreat mode to Mean Sup 1.0285, potentially followed to a completed Inner Currency Rally of 1.038 retests one more time. The prevailing down move is prone to pull back to our additional Mean Sup 1.014, 1.000, and 0.975. The down-trend projects for the Next Outer Currency Dip of 0.937 for the foreseeable future is being reignited.

EUR/USD Daily Chart Analysis For Week of November 11, 2022

Eurodollar has rebounded strongly this week since completing our Inner Currency Dip on 26 September - Upcoming target Inner Currency Rally is at 1.038. The prevailing down move is prone to pull back to our Mean Sup 1.000 and beyond in the foreseeable future.

EUR/USD Daily Chart Analysis For Week of November 4, 2022

EUR/USD Daily Chart Analysis For Week of October 28, 2022

EUR/USD Daily Chart Analysis For Week of October 21, 2022

EUR/USD Daily Chart Analysis For Week of October 14, 2022

EUR/USD Daily Chart Analysis For Week of October 7, 2022

EUR/USD Daily Chart Analysis For Week of September 30, 2022

EUR/USD Daily Chart Analysis For September 23, 2022

EUR/USD Daily Chart Analysis For September 16, 2022

EUR/USD Daily Chart Analysis For September 9, 2022

EUR/USD Daily Chart Analysis For September 2, 2022

EUR/USD Daily Chart Analysis For August 26, 2022

EUR/USD Daily Chart Analysis For August 19, 2022

EUR/USD Daily Chart Analysis For August 12, 2022

EUR/USD Daily Chart Analysis For August 5, 2022

EUR/USD Daily Chart Analysis For July 29, 2022

EUR/USD Daily Chart Analysis For July 22, 2022

EUR/USD Daily Chart Analysis For July 15, 2022

EUR/USD Daily Chart Analysis For July 8, 2022

EUR/USD Daily Chart Analysis For July 1, 2022

EUR/USD Daily Chart Analysis For June 24, 2022

EUR/USD Daily Chart Analysis For June 17, 2022

EUR/USD Daily Chart Analysis For June 10, 2022

EUR/USD Daily Chart Analysis For June 3, 2022

EUR/USD Daily Chart Analysis For May 27, 2022

EUR/USD Daily Chart Analysis For May 20, 2022

EUR/USD Daily Chart Analysis For May 13, 2022

EUR/USD Daily Chart Analysis For May 6, 2022

EUR/USD Daily Chart Analysis For April 29, 2022

EUR/USD Daily Chart Analysis For April 22, 2022

EUR/USD Daily Chart Analysis For April 15, 2022

EUR/USD Daily Chart Analysis For April 8, 2022

EUR/USD Daily Chart Analysis For April 1, 2022

EUR/USD Daily Chart Analysis For March 25, 2022

EUR/USD Daily Chart Analysis For March 18, 2022

EUR/USD Daily Chart Analysis For March 11, 2022

EUR/USD Daily Chart Analysis For March 4, 2022

EUR/USD Daily Chart Analysis For February 25, 2022

EUR/USD Daily Chart Analysis For February 18, 2022

EUR/USD Daily Chart Analysis For February 11, 2022

EUR/USD Daily Chart Analysis For January 31, 2022

EUR/USD Daily Chart Analysis For January 28, 2022

EUR/USD Daily Chart Analysis For January 21, 2022

EUR/USD Daily Chart Analysis For January 14, 2022

EUR/USD Daily Chart Analysis For January 7, 2022

EUR/USD Daily Chart Analysis For December 31, 2021

EUR/USD Daily Chart Analysis For December 17, 2021

EUR/USD Daily Chart Analysis For December 11, 2021

EUR/USD Daily Chart Analysis For November 27, 2021

EUR/USD Daily Chart Analysis For November 20, 2021

EUR/USD Daily Chart Analysis For November 16, 2021

EUR/USD Daily Chart Analysis For November 13, 2021

EUR/USD Daily Chart Analysis For November 8, 2021

EUR/USD Daily Chart Analysis For October 7, 2021

  • October 13, 2021 ''Update Idea'' post.

EUR/USD Daily Chart Analysis For October 13, 2021

EUR/USD Daily Chart Analysis For October 24, 2021