EUR/USD: all Moving Averages broken

EUR/USD: all Moving Averages broken

14-6-2018-EUR-H4 (1).png

The market is still consolidating between the Moving Averages. Also, there's a bullish 'Triangle', so the pair is likely going to test the next resistance at 1.1853 - 1.1896. A pullback from this area could be a departure point for a downward correction.

14-6-2018-EUR-H1 (1).png

All the Moving Averages have been broken, so the price is rising. Meanwhile, it's likely to have a bearish correction in the short term. In this case, we should keep an eye on the nearest support at 1.1799 - 1.1778 as a possible departure point for an upcoming bully rally.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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

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