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EURUSD trades higher after last week fallThe EURUSD moved lower yesterday and in the process retested a swing area going back to 2020. That swing area is above the extremes from that time. However, it is worthy of consideration ahead of the swing lows in 2020. The area comes between 1.07642 and 1.0777 (see red numbered circles in the chart above). The low from last week did move briefly below that level but rebounded back to the upside. Yesterday the price of the EURUSD stalled within the swing area. Today, the swing low for the day dipped below an intraday low of 1.07605. However, momentum could not reach the low price from last week at 1.07568, and selling dried up. The price has since moved higher. Drilling at the hourly chart below, the dips below the swing area on the daily chart, have been quick with limited momentum. Today's bounce has now seen the price of the EURUSD move back toward the falling 100-hour MA, along with swing highs from Friday and Monday at 1.08207. What next? Although there is a dip for buyers near the aforementioned support levels in the EURUSD (down to 1.0764), the price rebound still needs to extend above the 1.08207 level to give the buyers more confidence (100-hour moving average and swing highs). A move above the 100-hour moving average would be Step 1 in a corrective probing move to the upside. Step 2 would be to extend above the falling 200-hour moving average of 1.08455 (green line in the chart above). Absent those technical breaks, the sellers have the strongest hand. The bias would remain tilted more to the downside. you want more signals??? Search on google "forexinworld signals"
Long
by forexinworld
1
WPRBTC Latest Technical Analysis 50% Target projectionRight Its Look like that its holding Trend line support Area. With the help of S&R We have find some targets and Stop loss Area. Resistance level : 593 sato... Resistance level : 679 sato... Resistance level : 774 sato... Support Level : 521 sato... Support Level : 449 sato... Support Level : 394 sato... Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
WLong
by Make_Money_Guru_Bitcoin
GVTBTC Latest Technical Analysis.GVTBTC Latest Technical Analysis. With the help of Fibo or Support, Resistance level i have mentioned below some targets and stop loss area. Resistance level : 0.0018700 Resistance level : 0.0020108 Resistance level : 0.0024100 Support Level : 0.0014596 Support Level : 0.0010571 Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
GLong
by Make_Money_Guru_Bitcoin
2