Technical analysis: Intraday Level For EUR/USD for December 11, 2018

When the European market opens, some economic data will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, and French Final Private Payrolls q/q. The US will also publish the economic data such as Core PPI m/m, PPI m/m, and NFIB Small Business Index, so amid the reports, the EUR/USD pair will move […]

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Technical analysis for EUR/USD for November 14, 2018

EUR/USD has bounced as expected from 1.1230 area towards 1.13 as we expected in our previous analysis. Here at 1.13 we have short-term confluence of resistance. Previous lows that was once support is here. 38% Fibonacci retracement is here. And our own proprietary indicator resistance is here as well. Red dots – short-term maximum resistance […]

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Technical analysis: Intraday Level For EUR/USD, Aug 27, 2018

Technical analysis: Intraday Level For EUR/USD, Aug 27, 2018

When the European market opens, some Economic Data will be released such as German Ifo Business Climate. The US will not release any Economic Data, so amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1701. Strong Resistance:1.1694. Original Resistance: 1.1683. Inner Sell […]

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Ichimoku cloud indicator analysis of EUR/USD for August 17, 2018

Ichimoku cloud indicator analysis of EUR/USD for August 17, 2018

EUR/USD plan remains unchanged to our last analysis. The price remains above short-term support of 1.1350 and we expect prices to move towards the previous support level and now resistance at 1.15 and close to the Ichimoku cloud resistance. Red line – resistance Blue line – downward sloping trend line resistance Green lines – expectation […]

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