- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/USD Price Analysis: Retreats towards 1.0620 support confluence
EUR/USD Price Analysis: Retreats towards 1.0620 support confluence
- EUR/USD remains pressured around short-term key support, snaps two-day uptrend.
- Convergence of 50-SMA, one-month-old ascending trend line puts a floor under the prices.
- Impending bear cross on MACD also keeps sellers hopeful.
EUR/USD prints mild losses around 1.0635 despite recently bouncing off the intraday low. The reason could be linked to the previous day’s U-turn from the 1.0669 level, which in turn allows the major currency pair to snap a two-day winning streak by the press time.
In addition to the quote’s retreat from 1.0669, the looming bear cross on the MACD also teases the EUR/USD sellers of late.
However, a clear downside break of the 1.0620 support confluence comprising the 50-SMA and an upward-sloping trend line from late November becomes necessary for the EUR/USD sellers to retake control.
Following that, the previous weekly low near 1.0590 could lure intraday bears ahead of the 50% Fibonacci retracement level of the pair’s November 30 to December 15 upside, close to 1.0510.
In a case where the EUR/USD prices remain weak past 1.0510, the 61.8% Fibonacci retracement, also known as the golden ratio, near 1.0460 could act as the last defense of the pair buyers.
On the contrary, recovery moves need to stay beyond the latest swing high surrounding 1.0670 to direct the EUR/USD pair buyers toward the monthly high of 1.0736.
Also acting as an upside filter is May’s peak of around 1.0790 and the 1.0800 round figure.
Overall, EUR/USD is likely to return to the bear’s radar but a clear break of 1.0620 is necessary.
EUR/USD: Four-hour chart
Trend: Further downside 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.
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.
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
