kvck
Long

EURUSD at critical level, a further push can take it to 1.3

FX:EURUSD   Euro / U.S. Dollar
I think, from a wider perspective, EURUSD             will appreciate in the next term, at least technical measures show an uptrend.

From a closer look, 1.25 will be quite important. If we can see levels above, 1.30 will be next target. However, at 1-month frequency, negative divergence is getting significant.

On the other hand, if you compare the trend with 2002-period, we can say the bullish period can continue.

But I am sure the resistance (blue line) at the current level(s) will be significant.
Comment: For the short run, we can expect a correction.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out