EUR/USD: 'Shooting Star' led to a new low

EUR/USD: 'Shooting Star' led to a new low


The last 'Shooting Star' led to a new local low. There's no any reversal pattern so far, which means the pair is likely going to reach the lower 'Window' (1.1288). A pullback from this level could be a departure point for an upward correction towards the 34 Moving Average.


There's a local bullish 'Doji', but confirmation of this pattern is quite weak. So, we should watch the nearest resistance at 1.1369 as an intraday target. If a pullback from this level happens next, there'll be time for another decline in the direction of the nearest support at 1.1288.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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