EURUSD Forex Analysis for Today, Monday (29-01-2024)

EURUSD Forex Analysis for Today, Monday (29-01-2024)

EURUSD Forex Analysis for Today, Monday (29-01-2024)

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Euro Pressured, Prepare to Seek SELL

Daily Analysis EURUSD

Dollar Stable, Plenty of Important Data This Week

The US dollar starts this week fairly stable. Market participants await plenty of important economic data this week, including the Fed’s interest rate decision and US Non-farm Payrolls.

Still Under Pressure, Watch Resistance

EURUSD is still seen moving under pressure. A gap is observed on the H1 timeframe, there’s a possibility of a pullback to fill the gap, but still, look for sell opportunities in the resistance area.

Prediction: WEAK EURUSD


  • R1 1.08845
  • R2 1.08440
  • R3 1.08945
  • R4 1.09095


  • S1 1.08440
  • S2 1.08845
  • S3 1.08345
  • S4 1.08095

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