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8/12/2021 1:34 am  #199


Re: XtreamForex Daily Technical Analysis

EUR/USD: Rebound needs validation from 1.1770

Generally, EUR/USD is moving downwards. As of late, EUR/USD fortified get-together’s arrival of the U.S. CPI information that connotes a stoppage in inflation. The EUR/USD pair holds its unobtrusive intraday gains heading into the Asian opening, however, its bullish potential is restricted. The 4-hour outline shows that the cost teeter-totters around a still negative 20 SMA, while the more extended ones are aimless, exactly 100 pips over the current level.

In the meantime, specialized pointers have recuperated from oversold readings however lost vertical strength beneath their midline, putting at the question a more extreme development. EUR/USD’s next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for momentary buying chances of EUR/USD.

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8/13/2021 1:29 am  #200


Re: XtreamForex Daily Technical Analysis

EUR/USD: Poised for further losses towards 1.1700

Generally, EUR/USD is moving downwards. The EUR/USD pair holds its unbiased position in the close term. The 4-hour graph shows that it has gone through the day floating around a somewhat negative 20 SMA, while the more drawn-out moving midpoints head lower, far over the current level. In the meantime, the Momentum marker propels over its midline, while the RSI pointer stays level at around 42.

Bulls might get a few opportunities on a break above 1.1750, however now, bears hold control of the pair. Right now, EUR/USD is moving towards the resistance zone of 1.17600 and the following support zone is at 1.16300. Search for momentary selling chances of EUR/USD.

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Last edited by xtreamforex (8/13/2021 1:29 am)

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8/16/2021 2:02 am  #201


Re: XtreamForex Daily Technical Analysis

EUR/USD: Bulls brace for 11-week-old hurdle around 1.1800

The EUR/USD pair has lined at 1.1705 in the earlier week, while at 1.1703 in March, and would require now to break underneath the 1.1700 value zone to continue its negative pattern. The bullish case will be more grounded if the pair propels past 1.1920, very impossible at this point. Overall, EUR/USD is running across. As of late, EUR/USD broke the resistance zone of 1.17600 because of the debilitating of USD after the arrival of the helpless Preliminary UoM Consumer Sentiment information.

As of now, EUR/USD is trying to break the resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. Search for temporary buying chances of EUR/USD if it breaks over the critical resistance of 1.18.

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8/17/2021 1:33 am  #202


Re: XtreamForex Daily Technical Analysis

EUR/USD Forecast: Retreating from 1.1800 but bears hesitate

According to a specialized perspective, the EUR/USD pair is unbiased to-bullish. The 4-hour outline shows that the pair withdrew from a level 100 SMA, yet additionally that it holds over a bullish 20 SMA. The 4-hour graph shows that the pair withdrew from a level 100 SMA, yet in addition that it holds over a bullish 20 SMA.

Specialized pointers have pared their decreases from overbought readings and are expecting to recuperate, demonstrating restricted selling revenue at the time being. The negative case might become firmer on a break beneath 1.1750, the quick support level. At present, EUR/USD is moving towards the support zone of 1.17600 and the following resistance zone is at 1.19000. Search for momentary buying chances of EUR/USD if it bobs off the support zone of 1.17600.

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Last edited by xtreamforex (8/17/2021 1:34 am)

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8/18/2021 1:26 am  #203


Re: XtreamForex Daily Technical Analysis

EUR/USD Forecast: Refreshes 2021 low near 1.1700, bumpy road ahead

Generally speaking, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. EUR/USD’s next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient buying chances of EUR/USD. The EUR/USD pair plunged as hazard avoidance kept on ruling monetary business sectors, exchanging at around 1.1710 before the finish of the American evening.

The all-around scratched market’s state of mind took a go to the most exceedingly awful after the arrival of lukewarm US information. Retail Sales were more regrettable than expected, falling 1.1% MoM in July, while the center perusing Retail Sales Control Group was down 1%, additionally missing assumptions.

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Last edited by xtreamforex (8/18/2021 1:26 am)

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8/19/2021 1:30 am  #204


Re: XtreamForex Daily Technical Analysis

EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top

Generally speaking, EUR/USD is running across. As of late, EUR/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. A descending sloping direction line from June 18 difficulties EUR/USD bears around 1.1655 before guiding them to the late 2020 base encompassing 1.1600. Then again, supported trading past 1.1700 becomes important to persuade buyers.

As of now, EUR/USD is trying to break beneath the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17.

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Last edited by xtreamforex (8/20/2021 1:46 am)

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8/20/2021 1:46 am  #205


Re: XtreamForex Daily Technical Analysis

EUR/USD Price Analysis: head-and-shoulders confirmation eyed for further losses below 1.1700

EUR/USD is moving downwards. As of late, EUR/USD proceeded to weakened because of the assumption that the U.S. Central bank will be tightening quantitative facilitating this year. Accordingly, it broke underneath the critical resistance of 1.17. Right now, EUR/USD is climbing towards the vital resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600.

Search for momentary selling chances of EUR/USD if it bobs down from the critical resistance of 1.17. Meanwhile, specialized markers have continued their decays inside bad levels after remedial oversold conditions. The EUR/USD pair keeps up with its negative predisposition in the close to term. The 4-hour graph shows that the value stays well under a negative 20 SMA, which stays far underneath the more extended ones.

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8/24/2021 2:44 am  #206


Re: XtreamForex Daily Technical Analysis

The EUR/USD pair reached an intraday high of 1.1747, suffering a minor setback during US trading hours but ending the day with gains in the 1.1740 price zone

The EUR/USD pair is bullish in the close to term, even though its vertical potential is restricted as long as it remains beneath 1.1750, the prompt opposition level. Specialized markers stay inside certain levels, yet the Momentum is withdrawing while the RSI is level around 59, showing subsiding purchasing interest.

Overall, EUR/USD is moving downwards. As of late, EUR/USD broke over the critical degree of 1.17. Right now, EUR/USD is climbing towards the resistance zone of 1.17600 and the following support zone is at 1.16300. Search for momentary selling chances of EUR/USD on the off chance that it bounces off the resistance zone of 1.17600.

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8/25/2021 2:15 am  #207


Re: XtreamForex Daily Technical Analysis

EUR/USD: Bear’s return eyes 1.1700 in front of US Durable Goods Orders snapping three-day uptrend ahead of the European open

Despite the new pullback, EUR/USD keeps Tuesday’s break of the falling wedge bullish development’s obstruction line amid bullish MACD, which thusly keeps the purchasers confident of intersection 20-DMA opposition close to 1.1775 except if the statement drops back beneath 1.1715. Generally, EUR/USD is moving downwards.

The German IFO Business Climate information (Forecast: 100.2, Previous: 100.8) will be delivered later at 1600 (GMT+8). At present, EUR/USD is trying the resistance zone of 1.17600 and the following support zone is at 1.16300. Search for momentary selling chances of EUR/USD if it bobs off the resistance zone of 1.17600.

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8/26/2021 1:36 am  #208


Re: XtreamForex Daily Technical Analysis

EUR/USD sits down near the weekly top of 1.1774 amid sluggish early Asian session on Thursday

EUR/USD is moving downwards. EUR/USD sits inactive close to the week by week top of 1.1774 amid a drowsy early Asian meeting on Thursday. The cash significant pair rose during the most recent four days in the wake of reviving the yearly base. The 4-hour graph shows that the pair settled a couple of pips over a negative 100 SMA while meeting purchasers around a bullish 20 SMA.

The pair could broaden its development towards 1.1790, yet gains past the last are far-fetched now. Currently, EUR/USD is testing the resistance zone of 1.17600 and the next support zone is at 1.16300. Look for short-term buying opportunities of EUR/USD if it breaks the resistance zone of 1.17600.

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Last edited by xtreamforex (8/26/2021 1:36 am)

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8/30/2021 6:45 am  #209


Re: XtreamForex Daily Technical Analysis

EUR/USD finished the week in green with additional potential for gains

The EUR/USD pair has adjusted from yearly lows, finishing the day just underneath the 23.6% retracement of its May/August droop at 1.1805. In the daily chart, the pair settled over a negative 20 SMA, while specialized pointers crossed into positive levels, keeping up with their bullish slants. In the close term, and as indicated by the 4-hour chart, the danger is likewise slanted to the potential gain, as the pair remains most importantly of its moving midpoints, with the 20 SMA heading solidly north over the 100 SMA.

The EUR/USD pair recuperated fairly and shut down at 1.1795. While assumptions were debilitated because of the Delta Coronavirus episode hitting the state and dissolving development potential, the US dollar was down in the main portion of the week.

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