Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
XtreamForex Daily Technical Analysis
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
.
Message
[QUOTE="xtreamforex26, post: 189145, member: 59158"] [HEADING=2][B]Technical Analysis on EUR USD or GBP USD[/B][/HEADING] [HEADING=2][B]EUR/USD Pair Prints Higher to Close Since April 2018 [/B][/HEADING] The EUR/USD is closed this Wednesday seems at the level of 1.2196. It goes to the daily highest close to the 32 months that fall near at the level by 1.2170 to the long upper wicks that attached to the daily candles that created the opened doors to the continuation rally to the level by 1.16. A bull banner breakout on the 4-hour outline shows the easiest course of action to the higher side. Up until this point, a persuading break above 1.22 has stayed slippery. The cash pair is as of now exchanging close to 1.2194, having dismissed at the level by 1.2113 during the overnight trade. Obstruction is seen at 1.2414 (April 2018 high), trailed by 1.2558 (February 2018 high). The backing is situated at 1.2125 (Wednesday's low), under which, the center would move to 1.2011 (Sept. 1 high). [HEADING=2][B]GBP/USD Price Goes Bulls to Three-Month On Rising Channel [/B][/HEADING] GBP/USD buyers assault an intraday high at the level by 1.3512, up 0.18% on a day, during Thursday's Asian meeting. The link rose to the new multi-month high the earlier day while remaining inside a climbing pattern channel development sets up since mid-September. However, a rising pattern line connecting highs set apart from September 01, at 1.3546 now, challenges the pair's further potential gain. Subsequently, the GBP/USD costs may observe a pullback except if effectively crossing the prompt opposition line and the upper line of the expressed channel, separately around 1.3545 and 1.3555. For a situation where the bulls figure out how to cross the 1.3555 blemish on a day by day shutting, an upward slanting pattern line from March 2020, close to 1.3660, will be at the center of attention. On the other side, 1.3515 and December 11 top close to 1.3325 can offer prompt backings during GBP/USD pullback. It should, in any case, be noticed that the bears are more averse to quit fooling around except if seeing a disadvantage break of channel uphold, at 1.3158 at this point. [URL deleted] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…