empty
 
 
15.04.2019 09:23 AM
Technical analysis for EURUSD for April 15, 2019

EURUSD is challenging important short-term support. Price has reached our first short-term bounce target area of 1.1310-1.1330. This is important resistance area. EURUSD has made an important low at 1.12 area and as long as price is above this level bulls could hope for something bigger for the upside.

This image is no longer relevant

Red lines - bearish channel

Black line - major trend line resistance

Green rectangle - support area

EURUSD is above 1.13. Short-term trend remains bullish. Medium-term trend remains bearish as long as price is below the black downward sloping trend line. First important resistance is now at 1.1310-1.1330 area. Breaking above and out of the bearish channel would be an important win for bulls. But for medium-term trend to change to bullish price will need to move and stay above 1.14. So far price is making higher highs and higher lows. Next important high is at 1.1450 that bulls need to break. Breaking above it will confirm the medium-term trend change to bullish.The RSI has been diverging on a daily basis since last August. For this divergence sign to be confirmed as a reversal signal, bulls will need to break above 1.1450.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback