EUR/USD The Euro continued falling and is currently trading near the support/lower limit of the local range 1.1267. Given that the decline was sharp, so we can consider a scenario of the breakdown of this mark, which will allow to open short positions. The breakout movement should be swift and …
EUR/USD The Euro ccontinued falling and now is trading near the level of support/the lower limit of the local consolidation 1.1267. Therefore, we can regard a scenario of its breakdown, which will be a great bearish signal and will allow us to open short positions. The drop of the price …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The moving averages continue to be bearish and widen, signalling that the downside momentum may continue. If the AUDUSD starts retracing, selling opportunities could exist around the dynamic resistance …
Posted ByAndrew Olshanetskyi
Category Daily FX Analysis
EUR/USD The Euro went on falling yesterday, but the movement was on the small volume, so that we can’t allocated any new volume level or zone. Moreover, the pair is located within the local consolidation between the support 1.1267 and the resistance 1.1585. Thus, the best solution with the Euro …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bearish and move lower. The moving averages are bearish and steady, signalling that the selling momentum could continue. Opportunities to go short may exist around the dynamic resistance of the moving averages, …
EUR/USD The Euro showed an abrupt fall on the small volume yesterday, therefore, we can’t point out any new volume level or zone. Besides it, the price is still located inside the local range between the level of support 1.1267 and the level of resistance 1.1585. Thus, we can open …
AUDUSD – 1 Hour Chart The AUDUSD is up-trending and is currently in a retrace phase. The moving averages are bullish and steady, signalling that the uptrend could continue. Buying opportunities may exist around the longer-term moving average, around the trend support area and around the horizontal levels at …
AUDUSD – 1 Hour Chart Price has been bullish but continues to look indecisive. The moving averages confirm the market indecision – they are tight and are moving sideways. Trading opportunities could exist around the moving averages and around the identified horizontal levels at 0.7145, 0.7160, 0.7195, 0.7200, 0.7270 …
EUR/USD The Euro continues trading in the middle of the local consolidation between the level of support 1.1267 and the level of resistance 1.1585. We also should point out that the large volume is concentrated within this range. Therefore, we can consider new trading scenarios only after the confident and …
EUR/USD The Euro continues trading within the local range, where the large volume accumulation is concentrated. The boundaries of the consolidation are the support level 1.1267 and the resistance level 1.1585. Thus, the best solution with the Euro is just to wait for a confident and rapid exit of the …