EURUSD is facing bearish wave – Technical Analysis – 04/05/2016

FX:EURUSD   Euro / U.S. Dollar
51 0 3
Target: 1.0995
Risk: 1.1635

The EURUSD             pair failure to breach the bullish channel’s resistance means that the price is heading towards expected decline in the coming period, and the main target is visiting the bullish channel’s support at 1.0995, while the price gets negative signal by MACD indicator that supports the expected decline.

Breaking the exponential moving averages 50 and 100 will confirm the continuation of the bearish wave, while breaching 1.1635 will allow the price to achieve more gains on the longer term basis.


FXHighway mobile App:
Android: https://play.google.com/store/apps/details?id=com.fxhighway.apps
IOS: https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=1071234193&mt=8
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
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 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