Euro ends the week on its high challenging 1.1210 resistance
EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). Thursday the market hit a new 2019 low but the fall was short-lived… Read more »
Tag: resistance
Euro at Resistance In Brexit-Fueled Uptrend
EUR/GBP Technical Analysis EUR/GBP uptrend testing next critical psychological barrier 4-hour chart reveals early warning sign of a bearish reversal EP Elections, Brexit deal to be key fundamental drivers next… Read more »
EURUSD moves toward the 200 hour MA and other resistance targets
The squeeze continues in the EURUSD. Tests high from yesterday The EURUSD has moved toward the high from yestreday at 1.11797, AND the falling 200 hour MA not far from… Read more »
Elliott Wave Analysis: Gold At Resistance!
Hi traders, made an impulsive five-wave decline recently, so if we are right, then current recovery must be corrective in three waves a-b-c. So, we are tracking wave »c« that… Read more »
Intraday recovery tests trend-channel/50-hour EMA confluence resistance
• Over the past few trading sessions, the EUR/USD pair has been trending lower along a short-term descending trend-channel formation on the 1-hourly chart. • The pair has… Read more »
Euro rolling into Asia below 1.1180 resistance
EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). EUR/USD 4-hour chart EUR/USD is trading below its main SMAs suggesting a bearish… Read more »
AUD/USD Rebounds, But Hits Resistance Near 0.6935
opened with a positive gap on Monday after the center-right Liberal/National Coalition surprisingly won Australia’s federal elections. The recovery continued throughout the Asian trading, but during the European morning, the… Read more »
EUR/USD Failed Near Key Resistance, Could Retest 1.1100
20 May, 2019 by Aayush Jindal in Market Analysis Key Highlights The Euro failed to clear a crucial resistance near 1.1260 against the US Dollar. EUR/USD traded below two bullish… Read more »
Trading Support and Resistance | DailyForex
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past… Read more »
EUR/NOK Tumbles After Hitting Resistance Near 9.7755
came under strong selling interest during the European morning Thursday, after it hit resistance near the 9.7755 barrier. After it peaked on May 10th, this pair has been printing lower… Read more »