A significant downward trend, one of the signs pointing to this trend is the red Ichimoku cloud in the graph above.
For two weeks now that eurusd is not making any serious moves, this can be explained by the time we are at the end of August.
The recommendation is to keep an eye out and once there is a break, act with the direction.
A definite downward trend.
All the technical indicators indicate continued declines, but you can still see interesting support in the daily graph at 1.1060, so of course, it is important to see confirmation that at least one green candle, but it is already enough for a buy signal with a risk of 3/5
Target: 1.1150
EURUSD reversed off its resistance at 1.11166 where it could potentially drop further to 1.10272.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURUSD is approaching its resistance at 1.11116 where it is could reverse down to its support at 1.10304.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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EURUSD bounced off its support at 1.11654 where it could potentially rise further to 1.12493.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURUSD have been trading within a multi-days bearish channel. Though its holding the major support at the moment but i am expecting the market is likely to be breaking this area and possibly test 1.1082 to 1.1028 for the near term.
Trade Safe!
EURUSD expected to rise up to 1st resistance at 1.11194 where it could potentially react off and drop down to 1st support at 1.10292.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURUSD reversed off its resistance at 1.12447 where it could potentially drop further to 1.11942.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURUSD reversed off its resistance at 1.11116 where it could potentially drop further to 1.10304.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
What to look for around EUR
The inability of the pair to clear the important resistance area in 1.1280/90 has encouraged sellers to return to the markets, triggering several tests of the 1.1200 handle, albeit failing to move further south. Further out, occasional bullish attempts should be seen as a short-lived against the backdrop of renewed and increasing...
FREE ANALYSIS ON EURUSD
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15 Min Chart
3 Possible options available. Follow chart.
EUR just broke out of the downtrend channel. it'll likely go up and retest resistance. CPI data is due in about an hour. target will depend on the data that is due to come out. I'm long at 1.10919 will hold this long and wait for CPI data before setting target.
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