LiteForex_Official

EUR/USD: general analysis

FX:EURUSD   Fx Euro/Dolar U.S.
60 0 3
Current trend

Yesterday amid the publication of ECB decision on interest rates, EUR/USD             volatility was high. Interest rates remained unchanged, and ECB President Mario Draghi said that it would be inappropriate to adopt any radical measures at this time. By the end of the trading session, the pair returned in the region of 1.1245-1.1260. Moreover, weak macroeconomic statistics were released today in Germany that could be a negative factor for the European currency.

Support and resistance

Bollinger Bands on the 4-hour chart is directed up while the price range is narrowing. MACD histogram is in the positive zone; its volumes remain quite high. Stochastic has turned up near the border of the oversold zone.
The indicators recommend waiting for clearer trading signals.

Support levels: 1.1261, 1.1255, 1.1245, 1.1233, 1.1219, 1.1209.
Resistance levels: 1.1276, 1.1284, 1.1294, 1.1307, 1.1312.

Trading tips

Long positions can be opened form the level of 1.1275 with the target at 1.1310 and stop-loss at 1.1255. Validity – 1-2 days.
Short positions can be opened form the level of 1.1255 with the target at 1.1230 and stop-loss at 1.1265. Validity – 1-2 days.
More analytic from LiteForex:
English https://www.liteforex.com/blog/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
You can choose any language on our site
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar