Thursday, April 4, 2019

Eurusd Rally will be hampered

Eur / usd: Rally will be hampered in the area of ​​1.0710 / 15


According to analysts at Commerzbank, attempts to increase EUR / USD zabuksuet near 1.0710 / 15.

Key points

"The pair continues to remain under pressure - after a recent unsuccessful attempt to break through the 200-day MA it fell to the 55-day MA at 1.0674, which moved into a phase of consolidation. Here rebound will be weak and we expect a decline to the bottom of a short term channel at 1.0583. Note the cloud support at 1.0625 on the daily chart, which, we believe, will slow decline. Intraday rallies will continue to restrain the area 1.0710 / 15. "

Closure above 200 day MA can again couple to aim at 1.0978, 50% correction. "



Related posts




  • EURUSD


    EUR / USD As expected no interesting movements on the above pair does not happen, the pair continued to trade in a narrow range forming the outset. At...




  • EURUSD forecast of price movement


    EURUSD forecast of price movement Hello Dear Traders! I bring to your attention my forecast prices for the pair EURUSD movement, the price is in a...




  • IzaTrade EURUSD current situation


    IzaTrade: EUR / USD. The current situation on the market outlook for the pair EUR / USD based on the Fibonacci tool line At presented below EUR / USD...




Next posts



  • Trading recommendation

  • Analyst from company ForexMart

  • Analyst from company ForexMart

No comments:

Post a Comment

StrikeFx

StrikeFx StrikeFx - multi martingeylovy new generation Advisor. This advisor we gave up a grid with a fixed distance between the orders. Th...