The potential support levels to watch are around 1.3480 and below 1.3658. The 1.3480 level is a key psychological point that has been tested multiple times in the past, making it an important area for traders. This level has held up previously as...
TRADING CHART ON EUR/JPY H4. The EURJPY exchange rate has shifted from a downward to an upward trend. The 50-day exponential moving average has crossed above the 200-day simple moving average, indicating a positive market signal. Although the price...
EUR/USD Forex Signal: Bullish Momentum Wanes, Drop to 1.100 Likely Bearish view Sell the EUR/USD pair and set a take-profit at 1.1000. Add a stop-loss at 1.1150. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.1085 and a take-profit at 1.1165....
The EUR/USD pair is currently trading at around 1.1039, with a prevailing bearish trend. This indicates that the euro has been weakening against the dollar. While the market has been moving slowly, there are several reasons to believe that a...
Eur/Usd: If the EUR/USD price moves upwards and surpasses the weekly resistance level, identified as W1 Resistance C at 1.104309, it is likely that the recent decline seen in the market was a temporary retracement, rather than a reversal of the...