EUR/USD, 30 min
Pivot: 1.2196
Analysis:
Provided that the currency pair is traded above 1.2180, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1.2196
- Take Profit 1: 1.2215
- Take Profit 2: 1.2230
Alternative scenario:
In case of breakdown of the level 1.2180, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1.2180
- Take Profit 1: 1.2160
- Take Profit 2: 1.2140
Comment:
RSI is bearish and indicates an uptrend within a day.
Key levels:
Resistance -- Support
1.2260 -------- 1.2180
1.2230 -------- 1.2160
1.2215 -------- 1.2145
EUR/USD, D1
Pivot: 1.2197
Analysis:
While the price is above 1.1980, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2197
- Take Profit 1: 1.2350
- Take Profit 2: 1.2450
Alternative scenario:
If the level 1.1980 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1980
- Take Profit 1: 1.1880
- Take Profit 2: 1.1775
Comment:
RSI shows the development of an uptrend in a medium term.
Key levels:
Resistance -- Support
1.2555 -------- 1.1980
1.2450 -------- 1.1880
1.2350 -------- 1.1775
XAU/USD | GOLD/USD Forecast Fundamental Analysis | GOLD Ounce / US Dollar
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