Technical analytics

EURUSD

Euro continues its slide after yesterday’s break of the current low.

EURUSD

The euro extended its sell-off on Wednesday. Sellers led the spot through 1.1660 to the level 1.1600 where the single currency found fresh bids and rebounded back to 1.1660 where the major spent the night.

EURUSD

The structure again got disordered flat shape. In case the support 1.1617 fails to hold the market, euro can drop towards the 1.1525 handle.

EURUSD

The euro recovery stalled in the 1.1740 area. Buyers were struggling with this level when sellers unexpectedly fought back control and sent the major to the 1.1660 region. 

EURUSD

Upswing experiences big problems at the 1.1726-1.1750 area, that can form, at the end of the day, a reversal signal and, correspondingly, to trigger the new downswing

EURUSD

The euro extended its recovery on Monday and almost reached the 1.1750 hurdle.

EURUSD

Clear bullish pinbar at the edge of downswing is being actively implemented.

EURUSD

The overall picture remained the same. Sellers are still leading the way and are moving the spot in the fresh downward channel. 

EURUSD

Downswing, supposedly, is aimed at 1.1525 handle, where a very strong support zone resides and market is unable to ignore it.

EURUSD

The euro failed to build a recovery on Thursday. The major bounced from 1.1660 and grew to the 1.1690 mark where the EMA50 limited its growth.