EUR/USD – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.17690312 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.17796 is within the realm of possibility.
Consider stop-loss settings accordingly.
Eine Korrektur des großen bulligen Trends stoppte um das Fibonacci 0.5-Level.Eine Fortsetzung des aktuell aufsteigenden Trends wird weiterlaufen. Derzeitiges Ziel ist 1.17690312 am Fibonacci Level 0.24-Level. Vorsicht: Ein Gegentrend in die Richtung der Widerstandslinie bei 1.17796 ist auch möglich.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 1.17796 is likely expected.
Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Die Kombination Euro/US Dollar (EUR/USD) bricht durch die absteigende Trendlinie nach oben.
Ein bulliger Aufstieg nach oben zur nächsten Widerstandslinie bei 1.17796 wird erwartet.
Vorsicht: Eine Umkehr des Trends in Richtung der Supportlinie bei ist auch möglich.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 1.17796 will persist.
Caution: A possible trend reversal in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.17690312 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.17796 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.18294 |
| Next High | 1.17796 |
| Current Price | 1.17276 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.17796 – 1.17422 – 1.17155 – 1.16077 – 1.15736 – 1.15827 — 53.052908784616 – 56.852762777122 — 15.36707261976 – 43.842010233967 – 6.814204587338 – 20.582284474951
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – –