Tag - eur

EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1…

Despite the fact that the European Central Bank President Mario Draghi referred several times to the euro’s strength, that didn’t stop buyers of the euro…

Wave (v) of [i] has been ended on 8/8 MM Level, so it's time for a correction. The nearest target for wave [ii] is 6/8 MM Level...

We've got a "Shooting Star", but this pattern is unconfirmed, cause the last candles closed above the middle of the huge white candle.

The 34 Moving Average has acted as support so the price is rising. However, bulls didn't fixate above the "Runaway Gap", so...

Recommendation: BUY 0…

Recommendation: SELL 1…

The 34 Moving Average has acted as support, so the price is rising. The last "Window" has been broken.

It seems like we've got an ending diagonal pattern in wave (c) of [b]. In this case, if we have a pullback from 4/8 MM Level...

The price is still consolidating near the 34 MA, so bears are likely going to reach the nearest support at 1.1909 - 1.1892.

Recommendation: BUY 130…

Expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance.