Open account
Open accountLog In
Open account

June 17, 2025

Trade ideas

EURUSD: The Ascending Channel

EURUSD, H4

EURUSDH4.png

On the H4, EURUSD navigates within an ascending channel, currently forming a symmetrical triangle inside.

The Momentum oscillator crosses the 100-line, giving a mixed sentiment for the asset.

  • If the price breaks above 1.1590, a bullish scenario to 1.1660 will begin;
  • Breaching below the 1.1540 support will trigger a decline toward 1.1490.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

Share with friends:
Timur Yurdagyul

Author: Timur Yurdagyul

Open an FBS account

By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.

FBS at social media

iconhover iconiconhover iconiconhover iconiconhover icon

Contact us

iconhover iconiconhover iconiconhover iconiconhover icon
store iconstore icon
Get on the
Google Play
store iconstore icon
Get MT4 on the
App Store
store iconstore icon
Get MT5 on the
App Store

Trading

Company

About FBS

Our social impact

Legal documents

Company news

FC Leicester City

Help Center

Partnership programs