EUR/USD: 'Doji' formed on the 34 Moving Average

EUR/USD: 'Doji' formed on the 34 Moving Average

2505eurusdh4 (2).png

The pair has been declining since a 'Doji' formed on the 34 Moving Average. There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area.

2505eurusdh1 (2).png

There's a 'Shooting Star', so the market is declining. In this case, bears are likely going to continue to push the price lower until any reversal pattern forms.

eur

Similar

GBP/USD: another 'V-Top' pattern

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...

gbp

Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

gbp

Deposit with your local payment systems

Callback

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