Saturday 20 Oct 2018

EUR/USD Technical Analysis

By TradeAcumen · June 21, 2018 · Comments Off
EUR/USD ·

Summary Target Level1.1488
Target Period4 hours
Stop Level1.1588 Analysis

Possible bearish price movement towards the support 1.1488 within the next 4 hours.

Supporting IndicatorsDownward sloping Moving Average Resistance Levels(B) 1.1588 4 hours high volatility level
Support Levels(A) 1.1488 4 hours low volatility level

Chart Date Range06-Jun-01:00 GMT->21-Jun-12:00 GMT
Data Interval
RSI34 Candles
MA34 Candles

EUR/USD

Risk WarningSite visitors hereby acknowledge that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

EUR/USD Technical Analysis

Market Participants Betting on Nafta Deal between US and Canada

Launching Long Term Position Trading In Forex by Abe Cofnas

Currencies, Commodities and Intermarkets By Abe Cofnas

Currency Pairs – Key Characteristics By Abe Cofnas

Types of Charts and How They Are Constructed by Abe Cofnas

Market Participants Betting on Nafta Deal between US and Canada

EURJPY Elliott Wave View: Ended 5 Waves Advance

NZDUSD Elliott Wave Analysis: Double Correction Taking Place

S&P500 Mini Futures: Extending Higher As Impulse

NASDAQ Elliott Wave Analysis: Nesting Higher As Impulse