Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Google Add as a preferred source on Google

EUR/USD Range-Bound Below 1.1660 Resistance: Bearish Target at 1.1500

EURUSD  is consolidating in a narrow range between 1.16412 and 1.15844.  The pair hit an intraday high of 1.16358 and is currently trading around 1.16234.

Technicals

CMP -1.16234

Trend

4-hour chart

Value

 

 

55 EMA

1.16168

CMP>value

Bullish

200- EMA

1.15764

CMP>value

Bullish

365- EMA

1.15592

CMP>value

Bullish

800-EMA

1.15735

CMP>value

Bullish

 

Major support- 1.15600/1.1500/1.4700/1.1430. Near-term resistance-11.1660/1.1700.

 

Momentum indicator

Inference

Value

CCI(50)

Bullish

43

ADX

Neutral

 

 

 

 

It is good to  sell on rallies around 1.1648-50 with SL around 1.17000  for a TP of 1.1500.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.