KrunchieKilleen

EUR/USD Converging parabolas

FX:EURUSD   Euro Fx/U.S. Dollar
54 0 1
Joining the bottoms gives a neat parabolic shape, indicating that the Euro             downtrend against the US Dollar             is gradually ending. Joining the tops gives another parabolic shape, but not entirely parallel with the Supporting parabola. In fact, the two parabolas are converging. My confidence in predicting that the downtrend of the EUR/USD             will continue for some more months will be boosted if the Supporting parabola is breached.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out