Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Wave Analysis from InstaForex
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="InstaForex Gertrude, post: 22375, member: 2617"] Technical Analysis of EUR/USD for July 8, 2020: Technical Market Outlook: After the EUR/USD pair has hit the level of 1.1347 which is the part of the supply zone located between the levels of 1.1347 - 1.1361 the price reversed quickly. The Bearish Engulfing candlestick pattern at the top of the rally has forced bulls to pull-back towards the technical support located at the level of 1.1300, but even this level was violated and the market trades now around 1.1268. The key intraday support is still seen at the level of 1.2228 and break out below this level will likely end up in test of the 1.1185 support. The momentum remains positive on H4 time frame, but there is no clear indication regarding the market conditions. Weekly Pivot Points: WR3 - 1.2879 WR2 - 1.2698 WR1 - 1.2610 Weekly Pivot - 1.2423 WS1 - 1.2323 WS2 - 1.2148 WS3 - 1.2056 Trading Recommendations: On the EUR/USD pair, the main long-term trend is down, but the local up trend continues. The key long-term technical support is seen at the level of 1.0336 and the key long-term technical resistance is seen at the level of 1.1540. Only if one of this levels is clearly violated, the main trend might reverse (1.1540) or accelerate (1.0336). Analysis are provided by InstaForex [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Wave Analysis from InstaForex
Top