EUR/USD: triangle stopped the euro

EUR/USD: triangle stopped the euro


BUY 1.1745

SL 1.1690

TP1 1.1815 TP2 1.1845 TP3 1.191

On the daily chart of EUR/USD, the first attempt of bulls to lead the pair out of the descending triangle and trade channel failed. Bears seized the initiative. As a result, the pair risks consolidating in the 1.15-1.1850.


On H1, EUR/USD bulls are still hoping for “Wolfe waves” and “Shark” pattern. To do that, they will need to return the pair to resistance at 1.1745 and conquer it. Formation of the “Double top” increases the risk of a pullback from the lower border of the uptrend channel.



AUD/JPY may fall further

AUD/JPY is in the downtrend since the start of the year. It was capped on the upside by all the three important moving averages on the D1.

Oil is testing support

The recovery of WTI last week met resistance in the 54.60 area. The price formed a gap down on the mounting fears about the coronavirus.


Latest news

Deposit with your local payment systems

Learn more


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