EUR/USD – 30M – BUYNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Next a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.20291136 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 1.1996 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.20821 |
| 2nd High | 1.20257 |
| Next High | 1.1996 |
| Current Price | 1.19699 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.1996 – 1.20257 – 1.20821 – 1.18952 – 1.185 – 1.18345 —
1.19574 – 1.19705 —
39.416028616663 – 45.59336295874 —
– —
1.19960 – 1769677200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –