empty
 
 
06.08.2014 05:12 AM
Intraday analysis of EUR/USD for August 06, 2014

This image is no longer relevant

The pair was pushed towards a 9-month low at 1.3357. It has parallel support at 1.3345, below this, it will extend its fall up to 1.3295 levels. The weekly resistance level is at 1.3444, until it trades below 1.3444 on the down side, it will open a gate for 1.3210 and 1.3160 will be possible. On a monthly basis, until the pair closes below 1.3444 on the down side, we can expect 1.3295, 1.31 and 1.2765 (200MEma). If any chance of a close above 1.3444, max it can fly up to 1.3620 but chances are remote.

Weekly resistance 1.3444 1.35 1.3550

Weekly support 1.3357 1.3345 1.3295

This image is no longer relevant

The pair is exactly holding the 100WSma level at 1.3357. In yesterday's session, the pair made exactly low at 1.3357. If this week the pair closes below 1.3357, we can see 1.3295 and 1.3210 next week.

Intraweek key support level- 1.3357 (100WSma)

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback