Thread: Eur/usd
The EUR/USD pair is piercing the 50% retracement of its December rally, with the next relevant support being the 61.8% retracement of the same advance at 1.1065. In the 4-hour chart, the pair has accelerated its slump below a bearish 20 SMA and is currently breaking below its 100 SMA, which converges with a Fibonacci resistance. Technical indicators head sharply south within negative levels, in line with further slides ahead.
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The EUR/USD pair is piercing the 50% retracement of its December rally, with the next relevant support being the 61.8% retracement of the same advance at 1.1065. In the 4-hour chart, the pair has accelerated its slump below a bearish 20 SMA and is currently breaking below its 100 SMA, which converges with a Fibonacci resistance. Technical indicators head sharply south within negative levels, in line with further slides ahead.
Support levels: 1.1065 1.1020 1.0975
Resistance levels: 1.1115 1.1150 1.1180
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level 35 pips from current price
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found one can get trading opportunity in EUR/USD.
EUR/USD got latest resistance at 1.12186. From lower levels it has started making higher low. So if it crosses this 1.12186 level then it can touch next levels at 1.12641.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-12-22), Ass (2019-12-22), Irfan4500 (2019-12-22), Samranfaizan220 (2019-12-22), Sarfrazsagar (2019-12-23), Unregistered (2)
The selling pressure around the shared currency picked up some additional pace in the last hour and dragged the EUR/USD pair to over one-week lows, below the 1.1100 handle.
Following a brief consolidation, the pair came under some aggressive selling pressure during the mid-European session on Friday and extended the previous session's intraday pullback from the vicinity of the very important 200-day SMA. The latest leg of a sudden fall over the past couple of hours lacked any obvious fundamental catalyst and could be solely attributed to some renewed US dollar buying interest.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-12-22), Irfan4500 (2019-12-22), Samranfaizan220 (2019-12-22), UET (2019-12-22)
EUR/USD
Daily Analysis
Market Trend ha,,,,,, Bullish
Pivot Point 1.1205
S 1 >>>>> 1.1192
S 2 >>>>> 1.1177
S 3>>>>> 1.1159
R 1>>>>> 1.1222
R 2>>>>> 1.1237
R 3>>>>> 1.1253
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
EUR/USD got latest resistance at 1.12186. From lower levels it has started making higher low. So if it crosses this 1.12186 level then it can touch next levels at 1.12641
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2019-12-22), Sarfrazsagar (2019-12-22)
Is time ke price ye chal rhe he......... 1.1184
Resistance level 1 # 1.1216
Resistance level 2 # 1.1250
Resistance level 3 # 1.1280
Support level 1 # 1.1150
Support level 2 # 1.1120
Support level 3 # 1.1090
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
https://indian-forex.com/forum.php?referrerid=86605
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
MTB (2019-12-22), Sarfrazsagar (2019-12-22)
The selling pressure around the shared currency picked up some additional pace in the last hour and dragged the EUR/USD pair to over one-week lows, below the 1.1100 handle.
Following a brief consolidation, the pair came under some aggressive selling pressure during the mid-European session on Friday and extended the previous session's intraday pullback from the vicinity of the very important 200-day SMA. The latest leg of a sudden fall over the past couple of hours lacked any obvious fundamental catalyst and could be solely attributed to some renewed US dollar buying interest.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2019-12-22), MTB (2019-12-22), Sarfrazsagar (2019-12-22)
On the 4-hour chart, a downward correction of the higher level developed as the wave 2, within which the fifth wave 5 of (C) of 2 formed. Now, the first wave of the lower level i of 1 of (1) of 3 has formed, and a downward correction is developing as the wave ii of 1. If the assumption is correct, the pair will fall to the levels of 1.1028–1.0990. In this scenario, critical stop loss level is 1.1163.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2019-12-22), MTB (2019-12-22), Sananoor (2019-12-22), Unregistered (2)
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