EUR/USD: 144 MA acted as resistance once again

EUR/USD: 144 MA acted as resistance once again


The 144 Moving Average has acted as resistance once again, so there's a 'Shooting Star' pattern. In this case, the pair is likely going to test the nearest support at 1.1690. A pullback from this level could be a departure point for another upward price movement towards the next resistance at 1.1787.


There's a 'High Wave' pattern, which has been formed on the upper 'Window'. So, it's time for a downward correction. The main intraday target is the 89 Moving Average (1.1690), which could be a starting point for a bullish price movement.



Latest news

XAU/USD: a short-term trade

Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.

GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera