EUR/USD reversed from support area

EUR/USD reversed from support area

  • EUR/USD reversed from support area
  • Next buy target - 1.2100

EUR/USD continues to rise inside the (b)-wave of the minor ABC correction (ii) from the start of this month. The active wave (b) started when the pair reversed up from the support area lying between the key support level 1.1900 (former strong resistance level from the start of August) and the 50% Fibonacci correction of the previous sharp upward impulse wave (i) from the middle of last month. EUR/USD is expected to rise further to the next buy target at the next resistance level 1.2100 (top of the previous impulse wave (i)).



USD/CAD: bullish above 1.24

USD/CAD is finding dynamic resistance in the 200 SMA at H1 chart and it’s currently trading inside a decisive stage…


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