EUR/USD, 30 min
Pivot: 1.2067
Analysis:
Provided that the currency pair is traded above 1.2035, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1.2067
- Take Profit 1: 1.2085
- Take Profit 2: 1.2110
Alternative scenario:
In case of breakout of the level 1.2035, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1.2035
- Take Profit 1: 1.2015
- Take Profit 2: 1.1995
Comment:
RSI is bullish and indicates an uptrend within a day.
Key levels:
Resistance --- Support
1.2135 -------- 1.2035
1.2110 -------- 1.2015
1.2085 -------- 1.1995
EUR/USD, D1
Pivot: 1.2037
Analysis:
While the price is above 1.1830, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2037
- Take Profit 1: 1.2130
- Take Profit 2: 1.2240
Alternative scenario:
If the level 1.1830 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1830
- Take Profit 1: 1.1700
- Take Profit 2: 1.1600
Comment:
RSI shows the development of an uptrend in a medium term.
Key levels:
Resistance --- Support
1.2340 -------- 1.1830
1.2240 -------- 1.1700
1.2130 -------- 1.1600
EUR/GBP Forecast Fundamental Analysis | Euro / British Pound
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