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8/31/2021 4:16 am  #210


Re: XtreamForex Daily Technical Analysis

EUR/USD: Bulls play with 1.1800 inside a momentary rising channel

At present, EUR/USD is trying to break over the vital resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone of 1.19000.EUR/USD floats around 1.1800 notwithstanding reviving a multi-day high at the week’s beginning. The significant cash pair stays inside a rising pattern channel arrangement set up since August 20.

The EUR/USD pair exchanges close to the 61.8% retracement of its most recent day-by-day slide at around 1.1820, the level to outperform to affirm another leg north. The close term picture is bullish, as a level 200 SMA gave intraday support, while the 20 SMA progresses past the 100 SMA, both underneath the more drawn out ones. Search for buying chances of EUR/USD on the off chance that it breaks over the critical degree of 1.18.

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9/02/2021 1:34 am  #211


Re: XtreamForex Daily Technical Analysis

EUR/USD: Bull’s assault key obstacle around 1.1850, pullback moves remain less important

Generally speaking, EUR/USD is going across. As of late, EUR/USD bounced up from the vital resistance of 1.18.EUR/USD stops week by week come together for a one-month high encompassing the intermediate 1.1800s as Asian merchants brush their screens for Thursday’s undertakings.

The money significant pair legitimized a reasonable break of 50-DMA and firmer RSI conditions to invigorate the most elevated levels since August 05 the earlier day. Notwithstanding, a descending slanting pattern line from June 25 difficulties the statement’s quick potential gain. EUR/USD’s next support zone is at 1.17600 and the following resistance zone of 1.19000. Search for temporary buying chances of EUR/USD.

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9/03/2021 1:40 am  #212


Re: XtreamForex Daily Technical Analysis

EUR/USD prints six-day upswing to refresh monthly top towards 1.1900

The EUR/USD pair has kept progressing over the 61.8% of the 1.1908/1.1663 decrease at 1.1820. However long over the last mentioned, bulls will hold control. As the pair heads into the Asian opening exchanging close to its daily high, odds of a bullish continuation in the close to term are higher, even though, with the NFP report around the bend, speculative interest might turn carefully. By and large, EUR/USD is going across. Right now, EUR/USD is moving towards the following resistance zone of 1.19000 and the following support zone is at 1.17600.

On the off chance that EUR/USD breaks the resistance zone of 1.19000, search for temporary buying openings up until the arrival of the U.S. occupations information later in 2030 (GMT+8).

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9/17/2021 2:35 am  #213


Re: XtreamForex Daily Technical Analysis

EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall

Generally speaking, EUR/USD is going across. As of late, EUR/USD broke underneath the vital resistance of 1.18 after the arrival of the solid U.S. retail deals information. In any case, the specialized standpoint is probably going to stay negative except if the pair makes a day-by-day close above 1.1790, where the 200-period SMA is found.

As of now, EUR/USD is trying the support zone of 1.17600 and the following resistance zone is at 1.19000. Search for temporary selling chances of EUR/USD in the event that it breaks the support zone of 1.17600.


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Last edited by xtreamforex (9/17/2021 2:35 am)

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Yesterday 1:45 am  #214


Re: XtreamForex Daily Technical Analysis

Xtreamforex Asia FX news wrap: AUD/USD steadies higher

A little nearby confidence and obvious slight warming in the crisp US-China relationship were sufficient for the Australian dollar to consistently tick higher through a significant part of the meeting. The head of Australia’s biggest populace state affirmed October 11 for a significant way out of limitations (ForexLive had this date posted in the hours going before the affirmation giving us every one of them an early advantage:

Late on Friday and hitting the news throughout the end of the week was the information on a detainee trade between Canada and China as the US agreed with Huawei CFO (and girl of the organization’s author) Meng Wanzhou. Meng was permitted to leave her Vancouver chateau where she had been bound and flew back to China. In the interim, Canadians Michael Kovrig and Michael Spavor were removed from their China prison cells and flown back to Canada. While relations between the US and China are as yet stressed this is a positive sign. AUD, as a China intermediary exchange, appeared to like the news.

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Last edited by xtreamforex (Yesterday 1:46 am)

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Today 5:20 am  #215


Re: XtreamForex Daily Technical Analysis

EUR/USD bears have been in control on Tuesday and taking on critical support structures

The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half retracement of the August/September advance. The 61.8% retracement of a similar convention gave obstruction last week at 1.1755.

Furthermore, specialized pointers stay inside adverse levels, with the Momentum level and the RSI traveling south at around 38, indicating another leg south. Right 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 momentary selling chances of EUR/USD on the off chance that it breaks beneath the vital resistance of 1.17.

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