| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/CAD pauses decline,critical support lies ahead

Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Major Pair levels and bias summary

FxWirePro- Major European Indices

FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet

FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias

ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?

FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level

FxWirePro- Woodies Pivot(Major)

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100

Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance

FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects

FxWirePro: USD/CNY outlook weaker on renewed downside pressure

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/USD forms ascending triangle pattern, go long above 1.1500

Friday, December 28, 2018 11:59 AM UTC

Major resistance-1.1500

EUR/USD trades higher and jumped more than 100 pips after forming bottom around 1.13429. The decline in US 10 year yield and slight dovish Fed is supporting Euro. The pair hits high of 1.14728 and is currently trading around 1.14717.

On the higher side, near term resistance is around 1.1500 and any break above targets 1.1555/1.16217/1.17335.

The near term support is around 1.1430 and any violation below will drag the pair till 1.1400/1.1340/1.1300.Any weakness only below 1.12700.

It is good to buy above 1.15000 with SL around 1.14300 for the TP of 1.16200/1.17335.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Major Crypto levels and bias summary

ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: EUR/USD forms ascending triangle pattern, go long above 1.1500

Editor's Picks

Welcome to EconoTimes