EUR/USD, 30 min
Pivot: 1.1904
Analysis:
Provided that the currency pair is traded below 1.1925, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1.1904
- Take Profit 1: 1.1875
- Take Profit 2: 1.1860
Alternative scenario:
In case of breakout of the level 1.1925, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1.1925
- Take Profit 1: 1.1940
- Take Profit 2: 1.1955
Comment:
RSI is bearish and indicates a downtrend within a day.
Key levels:
Resistance -- Support
1.1955 ------- 1.1875
1.1940 ------- 1.1860
1.1925 ------- 1.1835
EUR/USD, D1
Pivot: 1.1899
Analysis:
While the price is below 1.1950, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1899
- Take Profit 1: 1.1600
- Take Profit 2: 1.1495
Alternative scenario:
If the level 1.1950 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.1950
- Take Profit 1: 1.2030
- Take Profit 2: 1.2130
Comment:
RSI shows the development of a downtrend in a medium term.
Key levels:
Resistance -- Support
1.2130 ------- 1.1600
1.2030 ------- 1.1495
1.1950 ------- 1.1350
EUR/CHF Forecast Fundamental Analysis | Euro / Swiss Franc
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