EUR/USD: price consolidating between 89 and 34 MA

EUR/USD: price consolidating between 89 and 34 MA


The price is consolidating between the 89 and 34 Moving Averages. It's likely that the market is going to test the nearest support at 1.1717 - 1.1675. This area could be a starting point for an upward price movement towards the next resistance at 1.1799 - 1.1829.


All the Moving Averages have been broken. However, we could have an upward correction during the day. If a pullback from the closest resistance at 1.1778 happens litter later on, there'll be a moment for another decline.



Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

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