Tag - eur

Weekly Forex Outlook: Jan. 29 - Feb. 2
Weekly Forex Outlook: Jan. 29 - Feb. 2

The US dollar made a spectacular decline last week as American Treasury Secretary Steven Mnuchin said that a weaker dollar is good for American trade…

EUR/USD:
EUR/USD: "V-Top" pattern

The 34 Moving Average is acting as support, so the market is going to test the closest resistance at 1.3456. A pullback from this level...

EUR/USD: euro supported by Kijun-sen
EUR/USD: euro supported by Kijun-sen

Bullish Ichimoku Cloud, with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are returned into channel Tenkan-Kijun and supported by Kijun-sen.

EUR/USD:  possible
EUR/USD: possible "V-Top"

The pair is likely going to test the closest support at 1.2398. This level could be a departure point for another upward price movement...

EUR/USD: euro corrected to Kijun-sen
EUR/USD: euro corrected to Kijun-sen

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are reached new highs and corrected to local support of Kijun-sen.

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