EUR/USD Mid Term analysis

FX:EURUSD   Euro / U.S. Dollar
EUR/USD is currently moving in a Mid Term (weekly) sideways formation, and at the moment it is inside the Kumo cloud indicating an undirectional situation. But looking at the past we can see a very huge downward movement (closed in march 2015) that has generated the lowest MACD weekly level in the Long Term space, and the Long Term trendline breacking in Genuary 2016, all of this suggest a Mid Term sideways formation breackdown with possible price targets of 0.98 - 0.95 retesting the trendline and forming a lower low with MACD weekly divergence.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out