EUR/USD – Weakness seen below 38.2% Fibo

FX:EURUSD   Euro / U.S. Dollar
118 0 3
Resistance – 1.1260-1.1280, 1.1342, 1.1376

Support – 1.1236, 1.12, 1.1144

  • Pair’s closing below confluence of rising trend line levels and confluence of Fibo levels – 1.1241 (23.6% of 1.0517-1.1465) – 1.1236 (38.2% of 1.0463-1.1714) coupled with drop in RSI below 50.00 indicates rallies towards 1.1260-1.1280 as seen now could be met with fresh offers.
  • Rejection at 1.1260-1.1280 followed by a drop below 1.1236 could yield 1.12 levels.
  • On the higher side, stiff resistance is seen at 1.1280, which needs to be taken out on daily closing basis for bulls to re-enter market.
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