There's no any reversal pattern so far, the market is likely going to test the next support area in the short term...
Tag - eur
We could have a local upward correction in the coming hours. Even so, bears are likely going to reach the next support...
The US dollar managed to rebound after Monday’s morning fall. The US dollar index is at a new high of $94.40 now.
Fundamental and technical analysis of EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, EUR/GBP, NZD/CAD, AUD/JPY, and GBPJPY…
The US traded in the positive territory but had trouble with moving much higher.
The market is likely going to test the next support area, which could be a starting point for an upward correction...
We're likely going to have another decline in the direction of the nearest support at 1.1636 - 1.1605...
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...
There's an opportunity to have an upward correction towards the nearest resistance at 1.1762...
There is one thing that nobody tells newbie traders at the very beginning of their Forex career: it is not necessary to trade only the major currency pairs in order to get more profit…
Recommendation: BUY 0…