- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/USD Price Analysis: Sellers attack 1.0660 key support at monthly low
EUR/USD Price Analysis: Sellers attack 1.0660 key support at monthly low
- EUR/USD stays depressed around five-week low as bears poke ascending trend line from November 30.
- Clear downside break of the 50-DMA, 12-week-long previous support joins bearish MACD signals to favor EUR/USD sellers.
- Buyers have a bumpy road to return unless crossing 1.0800.
EUR/USD bears roll up their sleeves while poking the short-term key support around 1.0660 during Monday’s Asian session, following a two-week downtrend.
The major currency pair’s bearish performance could be linked to the previous week’s downside break of the 50-DMA, as well as an upward-sloping trend line from November 21, 2022, now resistance near 1.0690.
Adding strength to the downside bias are the strongest bearish MACD signals since September 2022.
Hence, the quote is all set to conquer the immediate 1.0660 support, which in turn pens the south-run towards the 50% and 61.8% Fibonacci retracement level of the EUR/USD run-up from November 2022 to February 2023, respectively near 1.0630 and 1.0530.
It’s worth noting, however, that the previous monthly low around 1.0480 could challenge the EUR/USD bears past 1.0530.
On the contrary, recovery moves need to cross the immediate support-turned-resistance line from November, close to 1.0690, to convince traders. Even so, the 50-DMA could probe the EUR/USD pair buyers around 1.0710.
Following that, a two-month-old ascending resistance line near 1.0800 becomes crucial for the EUR/USD buyers.
Overall, EUR/USD is likely to extend its south-run as traders await the key US inflation data.
EUR/USD: Daily 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
