On Tuesday, the U.S. dollar proved to be in demand in the market, recovering from Monday's blows, while the world's central banks are expected to follow the US Federal Reserve, which recently took relaxation measures.
EUR/USD, 30 min
Pivot - 1.1040
On Tuesday, the U.S. dollar proved to be in demand in the market, recovering from Monday's blows, while the world's central banks are expected to follow the US Federal Reserve, which recently took relaxation measures.
Pivot - 1.1040
Provided that the currency pair is traded above 1.1050, follow the recommendations below:
In case of breakdown of the level 1. 1050, follow the recommendations below:
RSI shows descending momentum. EUR/USD may decline by 18-63 points during the day.
Resistance | Support |
1.1135 | 1.0908 |
1.1095 | 1.0950 |
1.1050 | 1.0900 |
Pivot: 1.1012
While the price is below 1. 1230, follow the recommendations below:
If the level 1. 1230 is broken-down, follow the recommendations below.
RSI shows a bearish mood and indicates a further decrease. EUR/USD might fall by 132-237 pips.
Resistance | Support |
1.1490 | 1.0880 |
1.1330 | 1.0775 |
1.1230 | 1.0670 |
NZD/USD – buy above 0.5932 with 0.5994 and 0.6009 as Take Profit targets. Alternative scenario - if the level of 0.5932 is broken-down, you should consider selling with the targets 0.5907 and 0.5892 as Take Profit.
GBP/USD - short positions below 1.2190 with 1. 2040 and 1.1990 targets as Take Profit. Alternative scenario - if the level of 1.2190 is broken-down, buy with the targets 1.2265 and 1.2330 as Take Profit.
USD/CHF - sell below 0.9620 with 0.9535 and 0.9550 targets as Take Profit. Alternative scenario - if the level 0.9620 is broken-down, buy with the TP 0.9650 and 0.9675.
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