EUR/USD, 30 min
Pivot: 1.1929
Analysis:
Provided that the currency pair is traded above 1.1900, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1.1929
- Take Profit 1: 1.1945
- Take Profit 2: 1.1965
Alternative scenario:
In case of breakdown of the level 1.1900, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1.1900
- Take Profit 1: 1.1885
- Take Profit 2: 1.1870
Comment:
RSI is bullish and indicates an uptrend within a day.
Key levels:
Resistance Support
1.1985 1.1900
1.1965 1.1885
1.1945 1.1870
EUR/USD, D1
Pivot: 1.1893
Analysis:
While the price is below 1.2030, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1893
- Take Profit 1: 1.1800
- Take Profit 2: 1.1700
Alternative scenario:
If the level 1.2030 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2030
- Take Profit 1: 1.2180
- Take Profit 2: 1.2270
Comment:
RSI shows the development of a downtrend in a medium term.
Key levels:
Resistance Support
1.2270 1.1800
1.2180 1.1700
1.2030 1.1610
USD/JPY Forecast Fundamental Analysis | US Dollar / Japanese Yen
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