FX:EURUSD   Euro / U.S. Dollar
52 0 2
Euro             managed to bounce back from support @ 1.0570 area and tested the 0.236% area resistance @ 1.0616 area and went as high as 1.0642 just shy of that 0.382% retracement level but we closed back above the 0.236% retracement leave with a nice engulfing candlestick against the Dollar.In my opinion we may just have carved a bottom at 1.0570 area and we may continue to head higher within the wedge like structure until we find a decent area for a top formation.You can try and enter long for short term with a stop just under the 1.0570 area support and try and catch 25-50 pips here.The pair is likely to continue trading within the structure until a breakout concludes it.In that case Short term resistances to watch out for would be 1.0688-1.0716 and 1.0774 area.On the downside Support levels with the exception of 1.0570 would be 1.05224 , 1.0478 and 1.0420 area. Prices are still well below the 100 day SMA and 50 day EMA .
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