EUR/USD Price Analysis: Attempts to retrace its recent losses, trades near 1.0920
04.01.2024, 05:33

EUR/USD Price Analysis: Attempts to retrace its recent losses, trades near 1.0920

  • EUR/USD treads water near 1.0920 to retrace its recent losses.
  • Traders may wait for confirmation as MACD indicates a potential shift to a downward trend for the pair.
  • A break below 1.0900 could lead the pair to approach the 50-day EMA at 1.0878 and 38.2% Fibonacci retracement at 1.0867.

EUR/USD attempts to retrace its recent losses, trading near 1.0920 during the Asian session on Thursday. The EUR/USD pair faced downward pressure as the US Dollar (USD) strengthened, driven by a market shift towards caution amid concerns about global growth at the close of 2024.

The 14-day Relative Strength Index (RSI) is positioned below the 50 mark, indicating a bearish sentiment in the EUR/USD pair. Traders may exercise caution and wait for confirmation from the lagging indicator Moving Average Convergence Divergence (MACD). The MACD line is situated above the centerline but displays divergence below the signal line, suggesting a potential shift toward a downward trend for the EUR/USD pair.

The EUR/USD pair could find a key support around the psychological level at 1.0900. A firm break below the latter could put downward pressure on the EUR/USD pair to navigate the 50-day Exponential Moving Average (EMA) at 1.0878, followed by the 38.2% Fibonacci retracement at 1.0867 and the major support at 1.0850 level.

On the upside, the major level at 1.0950 could act as the immediate resistance for the EUR/USD pair. A breakthrough above the level could help the pair to explore the region around the psychological level at 1.1000 followed by the weekly high at 1.1038 level.

EUR/USD: Daily Chart

 

© 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