d.vezeris
Long

EURUSD 4H Asian Session (29.06.2014) Technical Analysis

FX:EURUSD   Euro Fx/U.S. Dollar
177 0 0
The Euro / US Dollar             pair ( EURUSD             ) 4H Diagram Technical Analysis Training shows the following:

The EURUSD             pair has made a long development and now is above all indicators. The support line is above the KUMO so we are on a long term bullish mode. The daily diagram is bullish and the weekly/monthly diagram shows neutral trend.

So the first think in mind is that EURUSD             pair will move upwards. As you can see the EURUSD             has made multiple bottoms @ 1.3526. So the 1.3526 is a strong long term resistance. MACD has a bearish divergence failure and RSI is bullish .

We have no special candlestick pattern. The index is above the KUMO and the Tenkan Sen (Green line) and Kijun Sen (blue line) too. The index is above the EMA 200.

There is no special pattern. The fib from 1.35259 to 1.36357 (projection) shows a first target at 1.618of fib @ 1.37036 (this week).

Personally I think that all indicators show the long way towards to 1.37036 first.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out