EUR/USD Price Analysis: Bulls eye higher highs in the 1.05 area – by fx_ross EURUSD Technical Analysis
It was stated that an inverse head & shoulders could be in the making at this juncture. ''Bullish commitments around 1.0300/50 would be forming the right-hand shoulder of the bullish pattern.''At this juncture, the W-formation has seen a correction into the 50% mean reversion area and support. The bulls are in control on the front side of the trendline support and eye higher highs before the week is out.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
EUR/USD Price Analysis: Run-up remains doubtful below 1.0480 hurdleEUR/USD Price Analysis: Run-up remains doubtful below 1.0480 hurdle – by anilpanchal7 EURUSD Technical Analysis ChartPatterns SwingTrading SupportResistance
Consulte Mais informação »
EUR/USD Price Analysis: Seesaws near 1.0400 with eyes on three-month-old resistanceEUR/USD Price Analysis: Seesaws near 1.0400 with eyes on three-month-old resistance – by anilpanchal7 EURUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Consulte Mais informação »
EUR/USD Price Analysis: Fades bounce off 100-SMA above 1.0400EUR/USD Price Analysis: Fades bounce off 100-SMA above 1.0400 – by anilpanchal7 EURUSD Technical Analysis TrendFollowing ChartPatterns SupportResistance
Consulte Mais informação »
AUD/USD Price Analysis: Bulls approach 0.6700 despite disappointing Aussie, China statisticsAUD/USD Price Analysis: Bulls approach 0.6700 despite disappointing Aussie, China statistics – by anilpanchal7 AUDUSD Technical Analysis Inflation PMI SwingTrading
Consulte Mais informação »
USD/CHF Price Analysis: Bulls can ignore recent pullback towards 0.9500USD/CHF Price Analysis: Bulls can ignore recent pullback towards 0.9500 – by anilpanchal7 USDCHF Technical Analysis ChartPatterns SwingTrading SupportResistance
Consulte Mais informação »
Silver Price Analysis: XAG/USD bulls have the upper hand above 200-hour SMASilver edges higher on Wednesday, albeit lacks bullish conviction and remains below the overnight swing high through the early European session. The w
Consulte Mais informação »