EUR/USD: bullish 'Hammer' on the lower 'Window'

EUR/USD: bullish 'Hammer' on the lower 'Window'


There's a bullish 'Hammer', which has been formed on the lower 'Window', so the price is rising. It's likely that the market is going to test the nearest resistance at 1.1419 soon. If any bearish pattern forms on this level little later on, there'll be a moment for another decline in the direction of the next support at 1.1295.


We've got bullish patterns such an 'Engulfing' and a 'Tweezers', which both have been confirmed by the last 'Three Methods' pattern. In this case, we should watch the closest resistance area at 1.1419 as an intraday target. If a pullback from this level forms afterwards, there'll be a green light for a decline.



Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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