EURUSD Technical Analysis
EURUSD bears are controlling the situation below ex-support at 1.4466 price level. It looks like bears are heading towards another significant barrier at 1.4272. A breakout by this level, can initiate a strong negative trend. For now, waiting action remains, possible formation of consolidation.
EURGBP Technical Analysis
EURGBP bears did try to break support level at 0.8814, and finally they managed to do it. According to the negative trend, selling possibilities are on the table. While the trend line is not broken, bears are in a safer place.
USDJPY Technical Analysis
USDJPY is in consolidation close to a support barrier at 90.71. This is a significant price level for bears side. Below this barrier, bears can influence bulls to surrender. At the moment, waiting action is better in order to confirm a possible breakout.
EURUSD Possible Formation of Consolidation
By 24bulls
24bulls.com is a company that offers a binary options platform and personal account management that was created with the specific goal of being the most customer-centric and technically advanced brokerage for both beginners and experienced traders.
24Bulls Review
24Bulls Review