EURUSD
Updated
Analysis Week - 22 Apr 2024
Daily - Bearish / Range
Cloud (D) - Below Cloud
Weekly - Range / Bearish
Cloud (W) - Within Cloud
Mid Term - Range
20 x 50 D SMA - Below
50 x 200 D SMA - Below
2024 Target
Jan 2024 <1Y> - 1.12-1.14
Update 20 Apr 2024 <9M> - 1.08-1.09
_____________________________________________________
Looking at a similar patterns on the GBPUSD & DXY
Daily - Bearish / Range
Cloud (D) - Below Cloud
Weekly - Range / Bearish
Cloud (W) - Within Cloud
Mid Term - Range
20 x 50 D SMA - Below
50 x 200 D SMA - Below
2024 Target
Jan 2024 <1Y> - 1.12-1.14
Update 20 Apr 2024 <9M> - 1.08-1.09
_____________________________________________________
Looking at a similar patterns on the GBPUSD & DXY
Order cancelled
Price did not tag 1.0760, reached a high of 1.0753. With the recent rejection of price at 1.0750, will attempt to look for new setups
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.