Since November 14, the price levels around 1.1000 has been standing as a significant DEMAND-Level which has been offering adequate bullish SUPPORT for the pair on two successive occasions.Shortly-after, the EUR/USD pair has been trapped within a narrower consolidation range between the price levels...
EUR/USD - 4H.
On January 2, the EUR/USD pair continued to fall in the direction of the previously designated target level of 1.1125. Today, on January 3, the euro-dollar pair worked out this level very precisely, so all traders who used this trading idea made a profit. The rebound of the pair's...
EUR/USDOn January 2, the EUR/USD pair lost about 50 basis points, and another 45 on Friday, January 3. This will consequently move the trading instrument to the construction of the expected downward wave y. If that happens, the quotes will continue to decline to the goals located below the minimum...
To open long positions on EURUSD, you need:
According to the data on the German labor market, which was released in the first half of the day, there was an increase in the number of applications for benefits, as well as maintaining the level of lending to the eurozone unchanged, all these factors...
FOMC protocols will put everything in its place.Hello, dear colleagues!After yesterday's review of EUR/USD, I was thinking of returning to the main currency pair on Monday, however, I think it is worth it to pay attention on what is happening at the moment, on the past and upcoming...
The market's mood is changing against the euro. The EUR/USD rate has declined significantly for the second day in a row.The growth of euro is questionable.There are no big reasons for selling euros. The market is still very narrow, as the main players will come to the market after the weekend,...
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) - sideways.
CCI: -16.9567
The first trading day of the week ended for the EUR/USD pair exactly as we expected. The euro...
The fundamental background in the currency exchange market has changed dramatically literally in a day: anti-risk sentiment has prevailed again, increasing interest in protective instruments. The yen is already testing the 107th figure, and gold has updated a 3-month high, showing impulse growth....
When the European market opens, some economic data will be released such as Private Loans y/y, M3 Money Supply y/y, German Unemployment Change, Spanish Unemployment Change, French Prelim CPI m/m, and German Prelim CPI m/m. The US will also present a series of economic reports such as Crude Oil...
According to media reports, a prominent Iranian General was killed in Baghdad by US forces during an operation. According to unofficial information, this operation was authorized by Trump - the United States strongly opposes Iran's actions in Iraq and Syria. Trump did not voice any messages, but...
