Tag - eur

EUR/USD: 'V-Top' led to decline
EUR/USD: 'V-Top' led to decline

It's likely that the market is going to test the next support at 1.2003 - 1.1975. A pullback from this area could be a departure point...

EUR/USD: no any reversal pattern
EUR/USD: no any reversal pattern

The price is likely going to continue moving lower. At the same time, there's an opportunity to have an upward correction little later on...

EUR/USD: euro is going to new lows
EUR/USD: euro is going to new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market made a new local lows, but there is a strong daily support near 1.2100.

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