empty
 
 
31.03.2020 08:33 PM
Short-term technical analysis of EURUSD

Short-term support fails to hold in EURUSD and price action shows how vulnerable this pair is. The recent bounce from 1.0635 was most probably a relief bounce and price is making a reversal off the major Fibonacci retracement we mentioned in previous posts.

This image is no longer relevant

Although the new higher high with a new bearish RSI divergence did not come, EURUSD broke below short-term support at 1.0990. In Ichimoku cloud terms nothing is lost. On the contrary it is textbook price behavior to see price back test cloud support after breaking above the cloud. Bulls remain in control as long as price is above the cloud. Breaking below 1.0930 would confirm the important top at 1.1145 and will increase the chances of a move towards 1.06-1.07. Short-term support is at 1.0965. Failure to hold this level would be another bearish sign. I will turn bearish if we break below 1.0965.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget