Tag - eur

Recommendation: SELL 134…

Today we are waiting for the news from the European Central Bank…

EUR/JPY remains confined in a range that hovers around the 200 SMA at H1 chart…

An impulse in wave [v] hasn't been finished yet, so we should keep an eye on 8/8 MM Level...

The European Central Bank will announce its monetary policy decision at 14:45 MT time on January 25…

The 55 Moving Average is likely going to act as support. A pullback from this line will be a green light for another bullish rally...

The pair is likely going to test the next resistance at 1.2358 - 1.2398. This area could be a departure point for a bearish correction...

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are supported by Cloud, Tenkan-sen and Kijun-sen and a market is ready to go higher.

We're likely going to have an upward impulse in wave [v] of 5 in the coming days. The main intraday target is 6/8 MM Level...

The pair is likely going to test the 34 Moving Average, which could be a departure point for...

Fundamental and technical analysis for the week ahead…

The pair is likely going to test the closest support at 1.2164 in the coming hours. If a pullback from this level happens little later on...