Forget Password

Blog

<< Back

Technical Analysis Report - EUR/USD

23/08/2016 // 07:04:56 am

General outline:

The market bounced back and regained most of the losses and return to resistance level 1.1312-1.1320 area after the downfall at the beginning of the session.

Present scenario: 

Last week the final consolidation above 1.1320 failed to happen. Today's upward pullback from 1.1272 to 1.1312 could be a result of the closing stops.

Trading commendations

The currency pair, EUR/USD  continued to stay positive as the pair is trading above the 61.8 Fibonacci extension. The market  may climb upward and downward movements are both possible.

Share Us :

Recent Posts

Technical Analysis Report - GBP/USD

29/09/2016 // 07:44:21 am

General outline

Pound was weighed by Shafik’s dovish comments (the BOE deputy) as

Read More

Technical Analysis Report - USD/JPY

29/09/2016 // 07:41:12 am

General outline

On wednesday, the US currency dollar rose because of profit fixati

Read More

Technical Analysis Report - GBP/USD

27/09/2016 // 10:33:13 am

General Outline:

The dollar remained under pressure against its major rivals as stocks

Read More

Technical Analysis Report - USD/JPY

27/09/2016 // 10:26:19 am

General outline

The yen strengthened as a safe asset amid a risk aversion. The BoJ chie

Read More


Email: support@ttsmarkets.com

Contact No: +971 589813411