EUR/USD Technical Analysis & Daily Chart

Technical Analysis
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EUR/USD Technical Analysis & Daily Chart

At this point in time our pair is in a downward motion. The dollar strengthened against the backdrop of increasing bond yields. The Dow Jones index also hit a new high.

Looking at our schedule, we can see an accelerating downward movement, as the pair is trying to find a foothold below the level of 1.18.

Our trading goal is to find the entry point for a short position. Our potential candidates for entry points are located within 50 points near the levels seen in the chart and channel lines.

It is also possible for the price to be repulsed from these levels and start an upward movement, but this also be in the region of 50 points.

Important data is expected today in the eurozone, so that all of our attention is focused on the data in the US. The indices continue to support the exchange rate reserve currency.

SuperForex
USD/SEK: Review & Forecast

Technical Analysis

USD/SEK: Review & Forecast

There is no news from Sweden, so the USD/SEK rate is depending on the situation in the USA. Investors are focused on news about choosing a new FED Head.

SuperForex
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EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

After making gains on the dollar, the euro began another decline.

SuperForex
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EUR/JPY Technical Outlook & Selling Opportunity

Technical Analysis

EUR/JPY Technical Outlook & Selling Opportunity

We are waiting for the pair to break the support level 131.80 to take sell positions.

SuperForex
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