Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.20733-1.2064 and it has a potential to reach the target zone №2 1.19813-1.19721. The best prices to try to have a short position are the control resistance zone 1.21662-1.21670. In case of the price is fixed upper the control […]
Tag: EURUSD
Financial instrument analysis
EURUSD overview 19.01.2021
EURUSD rebounds ahead of Janet Yellen’s speech. EURUSD under the dual effect of the bullish euro sentiment as well as the bearish US dollar sentiment affecting the FX markets at the moment. The bullish euro sentiment comes after German ZEW Economic Sentiment beat estimates with 61.8 points – highlighting business optimism regarding the mass vaccine […]
EURUSD 18.01.2021
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.20733-1.2064 and it has a potential to reach the target zone №2 1.19813-1.19721. The best prices to try to have a short position are the control resistance zone 1.21662-1.21670. In case of the price is fixed upper the control […]
EURUSD overview 15.01.2021
EURUSD falls on renewed U.S.-China tensions. EURUSD continues to decline as investors’ concerns about renewed U.S.-China tensions and a strengthening dollar kept most USD-linked currency pairs under pressure. This comes after U.S. president Donald Trump imposed sanctions on Chinese officials and companies (including the retail giant Xiaomi) and an investment ban on nine more firms […]
EURUSD 14.01.2021
Medium-term trend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.21653-1.21561 and it has a potential to reach the target zone №2 1.20733-1.20641. The best prices to try to have a short position are the control resistance zone 1.22333-1.22241. In case of the price is fixed upper the […]
EURUSD overview 11.01.2021
Euro falls on widening U.S. Treasury yields. EURUSD under the bearish pressure today – as the dollar gained today on widening U.S. Treasury yields and expectations of more fiscal stimulus. President-elect Joe Biden, who is to take office on January 20 with Democrats in control of both houses of Congress, promised “trillions” in extra pandemic-relief […]
EURUSD 11.01.2021
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.21653-1.21561 and it has a potential to reach the target zone №2 1.20733-1.20641. The best prices to try to have a short position are the control resistance zone 1.22677-1.22585. In case of the price is fixed upper the control […]
EURUSD 06.01.2021
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.23007-1.22915 and it is going to the target zone №2 1.23927-1.23835. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.22338-1.22246. In case of the […]
EURUSD 04.01.2021
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.23007-1.22915 and it is going to the target zone №2 1.23927-1.23835. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.22171-1.22079. In case of the […]
EURUSD 31.12.2020
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.23007-1.22915 and it is going to the target zone №2 1.23927-1.23835. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.22171-1.22079. In case of the […]