EUR/USD faces strong support at 1.0925,targets 1.1035/1.1080

FX:EURUSD   Euro / U.S. Dollar
926 2 9
EUR/USD             has formed bullish BAT pattern in 4 hours chart , a jump till 1.1035/1.10800 cannot be ruled out .

The pair’s minor support is around 1.0920 which confirms further weakness, a decline till 1.08950/1.0865/1.0850.

Further weakness can be seen only below 1.0800.

On the higher side minor resistance is around 1.0970 and break above would extend gains till 1.100/1.035/1.1080.

It is good to buy at dips around 1.0925-28 with SL around 1.0890 for the TP of 1.100/1.1035/1.1080.
I wonder if it reaches 1.093 before GDP.
thx for sharing..here is my view: At the moment i see on the one hand the chance for a double bottom with basis 1,08. The target of this formation is 1,1425. -Above 1,1425 there is enough place to make a new high at 1,18. (orange counting)

On the other hand there is the strong momentum and dynamic of the longterm downtrend - we are trading at its trendchanels upper edge. This can perhaps be interpreated as a new anticyclical selling signal as long as we trade below this level.
-Below the last valid orange "3" at 1,08 a drop to 1,04 can be exspected
-below the last valid red "2" a longterm selloff can be exspected with target @ 0,92
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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