EUR/USD: bulls going to test next resistance

EUR/USD: bulls going to test next resistance


Bulls faced resistance at 1.1204, so the market is consolidating. However, the price is likely going to move on towards the next resistance at 1.1232 - 1.1249. If a pullback from this area happens, there'll be an opportunity to have a downward correction in the direction of support at 1.1171 - 1.1139.


There's a consolidation, which is taking place between the levels 1.1171 - 1.1204. Meanwhile, bears are likely going to get support on the 34 Moving Average, which could be a departure point for another bullish price movement. So, we should keep an eye on resistance at 1.1232 - 1.1249 as an intraday target.



GBP/USD: "Triple Bottom"

The main intraday target is the next resistance at 1.4011. If a pullback from this level forms afterwards...


Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

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

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