Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



EUR/USD Daily Analysis


obeconline

Recommended Posts

EU still moving inside of the bearish channel with the potential of this pair's price to falling down is still wide open. It seems that EU will fall once again towards the support key at 1.0600 today, especially with the support from bearish RSI, Stochastic and EMA100. I also see there were bearish candlestick formed before indicated further bearish sentiment.

Link to comment
Share on other sites

  • Replies 52
  • Created
  • Last Reply

Top Posters In This Topic

On Asia session, based on h1 chart EURUSD seems trying to test the pivot line after rejected by 1st support, by this condition it is uncertain about the next turn but it seems it will be bullish considering the rejection which is successfully deflect the candle. Price may break it and also rise enough to test another resistance at 1.0657

Link to comment
Share on other sites

  • 4 months later...

EURUSD is practically bullish especially with the price which successfully break the pivot line and closed above, RSI and Stochastic also are bullish so do MACD which formed lower high formation and confirming this trend. If EURUSD is able to break the current 1st resistance level it may rise up to 2nd resistance and corrected a bit.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...