Since October 2, the EURUSD pair has been trending-up until October 21 when the pair hit the price level of 1.1175.The price zone of (1.1175 - 1.1190) stood as a significant SUPPLY-Zone that demonstrated bearish rejection for two consecutive times in a short-period.Hence, a long-term Double-Top...
To open long positions on EURUSD, you need:
From a technical point of view, nothing has changed for the European currency amid the absence of important fundamental statistics. Yesterday's sharp rise after the UK election results were not supported by the big players today. Bulls still need to break...
EUR/USD - 4H.
The EUR/USD pair performed a reversal in favor of the European currency on December 12 after rebounding from the correction level of 61.8% (1.1104) and rising to the correction level of 100.0% (1.1180). The rebound of the pair from this Fibo level allows traders to expect a reversal...
Hello!As it became known yesterday, the European Central Bank (ECB) kept the interest rate at zero, and this decision coincided with the expectations of market participants. At the same time, the purchase of assets will continue as necessary.Most likely, soon, the ECB will refrain from changes in...
EUR/USD
Analysis:
The formation of the upward wave structure of the euro major continues. The wave of September 3 corrects the last section of the trend and looks like a stretched plane. The last section counts from November 14. The price has stalled at the next resistance.
Forecast:
After...
4-hour timeframe
Technical data:
The upper channel of linear regression: direction - up.
The lower channel of linear regression: direction - up.
The moving average (20; smoothed) - up.
CCI: 166.1718
On Friday, December 13, the EUR/USD currency pair started quite cheerfully. Tonight, the correction...
EUR / USD
On December 12, the EUR / USD pair completed with an increase of only a few basis points. However, during the day the instrument made impressive movements both up and down, and then added 45 basis points at once on the night of December 13. However, an unsuccessful attempt to break...
Technical analysis recommendations for EUR / USD and GBP / USD on December 13
Economic calendar (Universal time)
The pound's expectations came true. Boris Johnson and his government received an instruction to implement Brexit. The market quickly hit this news, and the bulls managed to fly to...
The euro ignored the decision of the European Central Bank to keep deposit rates at -0.5% and refinancing rates unchanged at 0.0%. The ECB expects key rates to remain at its current or perhaps, lower levels for quite a long time. As for bond redemptions, no changes were made with the purchase...
Let's all get up and applaud Boris Johnson. He really deserves the highest praise and honors, since in the current situation, the Conservatives were able to do, probably, the impossible under his leadership. The Conservative Party did not only won the early parliamentary elections, but gained...
