Sellers don't have the momentum to get below the 38.2% retracement target on the first look. Got with 4-pips of the level at 1.08394. |
You Might Also Like
2024-06-14
The USDCAD broken above and then retested the 100 hour MA at 1.3747. That is key. Buyers in control.
2024-06-13
The fundamental economic news has been on the dovish/soft side. The Fed was more hawkish (relatively).That has the major pairs in a quandary.
2024-06-11
The sellers had their shot yesterday below the 38.2% retracement of the move up from the April low at 0.6579. They missed. Buyers only rebound fell short of its 200-bar moving out on the 4-hour chart at 0.66154.
2024-06-11
Watch these key levels and get ready to take action if price gets there. Trade at your own risk. Visit www.ForexLive.com for additional views.
2024-06-10
The EURUSD is sharply lower on the back of political uncertainty
2024-04-03
EURUSD tests 38.2% retracement level after ISM nonmanufacturing data; 200-day MA looms ahead
2024-04-02
The sellers have moved the S&P below a upward sloping trend line and the 100 hour MA at 5198.39. Stay below is a tilt to the downside technically.
2024-03-28
#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
————————————————————————————
Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive
#trading #daytrading #fundamentalanalysis
Tags: Featured,newsletter
1 ping