Euro / U.S. Dollar
Short
Updated

EUR/USD: Current Trend Analysis & Trading Advice

579
The EUR/USD pair remains confined to familiar levels, lacking directional momentum, yet with a well - limited bearish potential. In the daily chart, the pair seesaws around a bullish 20 Simple Moving Average (SMA), showing sellers and buyers are battling for direction. At the same time, the Momentum indicator turned marginally lower at around its 100 line, while the Relative Strength Index (RSI) indicator heads nowhere at around 58, in line with the limited intraday movements.

In the near - term and according to the 4 - hour chart, the EUR/USD pair is neutral. A flat 100 SMA provides resistance at around 1.1370, while the 20 and 200 SMAs remain below the current level with no clear directional strength. At the same time, technical indicators stand pat just above their midlines, in line with the ongoing range - trading.

EUR/USD
sell@1.1350-1.1360
tp:1.1320-1.1280

Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.


Trade active
Keep making profits. 🎉 If you've been trading based on my signals, congratulations on having made a certain amount of profit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.