Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

EURUSD Bullish Momentum: Trading Above 800, 365 EMAs with Positive CCI on 5-Min Chart

EURUSD gained sharply on board-based US dollar weakness.  It strikes an intraday high of 1.14119 and is now trading about 1.14055. The pair trades above 365 and 800 EMA in 5 min chart.

 

 

Technicals

CMP -1.13809

Trend

  1. Min chart

Value

 

 

55 EMA

1.13942

CMP> value

Bullish

800- EMA

1.13794

CMP>value

Bullish

365- EMA

1.13748

CMP>value

Bullish

 

Major support- 1.13700/1.12946. Near-term resistance- 1.4380/1.14800/1.1500/1.1530.

 

Momentum indicator

Inference

Value

CCI(50)

Bullish

59

ADX

Neutral

 

It is good to buy on dips around  1.13980 with SL around 1.13700 (closing basis 5 min chart)  for a TP of 1.14390/1.14800.

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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