EURUSD Technical Analysis, The EUR/USD is trading in a bearish trend today during the European session. The euro is trading at $1.0926, and as the chart shows, trading is below most of the moving average intersections. The MACD indicator also indicates a positive trend indicating the beginning of the emergence of selling power.
Accordingly, we can carry out a selling operation if the Euro/Dollar price breaks at the level of $1.0910, and the target could be the $1.0880 area. It is also recommended to choose the $1.0940 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the resistance area at $1.0940 is broken, the euro price may head towards the $1.0970 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0942
• First resistance: 1.0936
• Pivot level: 1.0934
• First support: 1.0928
• Second support: 1.0926
GBPUSD Technical Analysis: It is trading in a downward trend
GBPUSD Technical Analysis ,The pound dollar is trading in a bearish trend today during the European session. The pound is trading at $1.2786, as shown in the chart shown below most of the moving average intersections. The MACD indicator also indicates a negative trend indicating the presence of selling power.
Accordingly, we can carry out a selling operation if the price of the pound/dollar pair breaks the $1.2760 area, and the target could be the $1.2730 area. It is also recommended to choose the $1.2800 area as a stop loss point to control risk.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the resistance area at $1.2800 is broken, the pound price may head towards the $1.2830 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2830
• First resistance: 1.2811
• Pivot level: 1.2800
• First support: 1.2780
• Second support: 1.2770
USDCHF Technical Analysis: It trades in a sideways direction
The dollar and franc are trading in a sideways trend today during the European session. We advise against trading until clear signals confirm the trend
