Tag - eur

The main intraday target is the closest support at 1.2408 - 1.2398. Thia area could be a departure point...

To understand which factors affect the EUR/USD, let’s start with a description of the currency pair…

There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...

It's likely that the market is going to reach the next resistance at 1.2537 - 1.2569 in the short term...

Recommendation: SELL 0…

Recommendation: SELL 1…

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is supported by Cloud and returned into the positive area.

EUR/AUD broke resistance level 1…

Bulls are likely going to achieve the next resistance area in the short term...

The main intraday target is the next resistance area at 1.2493 - 1.2537, which could be a departure point for a bearish correction...

Recommendation: BUY 136…

There isn't any reversal model so far. In this case, the market is likely going to continue moving higher in the short term...