EUR/USD Price Analysis: Extends pullback from 100-HMA towards 1.0400, megaphone in focus
16.06.2022, 02:00

EUR/USD Price Analysis: Extends pullback from 100-HMA towards 1.0400, megaphone in focus

  • EUR/USD takes offers to refresh intraday low, pares the Fed-inspired gains.
  • Sluggish RSI, MACD joins key HMA hurdles to challenge buyers.
  • Further widening of bearish consolidation move appears more likely.

EUR/USD consolidates post-Fed gains as it retreats from the 100-HMA inside a trend widening pattern near the yearly low. That said, the quote renews its daily low around 1.0435 by the press time of Thursday’s Asian session.

Considering the pair’s pullback from the 100-HMA, as well as the RSI retreat, the EUR/USD prices are likely to witness further downside, which in turn highlights the 1.0400 threshold as the immediate support.

The quote’s further downside, however, could be challenged by the support line of the weekly megaphone formation, near 1.0375, if not then the yearly low of 1.0359 will regain the bear’s attention.

On the contrary, an upside break of the 100-HMA level of 1.0475 isn’t an open call to EUR/USD buyers as a one-week-old horizontal resistance near 1.0510 will challenge the advances.

Even if the quote rises past 1.0510, the upper line of the stated trend-widening pattern, near 1.0525, will precede the 200-HMA level of 1.0588 to offer a bumpy ride to the EUR/USD pair bulls.

Overall, EUR/USD remains in a bearish trajectory but the megaphone formation hints at more volatility ahead.

EUR/USD: Hourly chart

Trend: Further weakness expected

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik