The EUR/USD currency pair reached its annual highs on the background of the US stock exchange falling by 7%, as well as the break-up of the deal between Russia and OPEC countries on the reduction of oil production.
EUR/USD, 30 min
Pivot - 1. 1355
The EUR/USD currency pair reached its annual highs on the background of the US stock exchange falling by 7%, as well as the break-up of the deal between Russia and OPEC countries on the reduction of oil production.
Pivot - 1. 1355
Provided that the currency pair is traded below 1.1415, follow the recommendations below:
Alternative scenario: In case of breakdown of the level 1. 1415, follow the recommendations below:
RSI shows further decline within the day. The EUR/USD might fall by 33-68 pips as the asset is under pressure. The EUR/USD reached the key level at 1.1451 and then made a false breakdown and now we expect further declines intraday.
Resistance | Support |
1.1500 | 1.1320 |
1.1470 | 1.1285 |
1.1415 | 1.1250 |
Pivot - 1.1100, 1.1370
While the price is above 1. 1100, follow the recommendations below:
If the level 1. 1100 is broken-down, follow the recommendations below.
RSI shows buying power and further upward movement within the uptrend.
Resistance | Support |
1.1565 | 1.0990 |
1.1410 | 1.0880 |
1.1300 | 1.0775 |
NZD/USD - sell below 0.6347 with 0.6299, 0.6387 as Take Profit targets. Alternative scenario - if the level of 0.6347 is broken-down, you should consider buying with the targets 0.6367 and 0.6379 as Take Profit.
GBP/USD - short positions below 1.3100 with 1.2985 and 1.2945 targets as Take Profit. Alternative scenario - if the level of 1.3100 is broken-down, buy with the targets 1.3140 and 1.3200 as Take Profit.
EUR/JPY - buy above 117.77 level with 118.94 and 119.19 targets as Take Profit. Alternative scenario - if the level 117.77 is broken-down, sell with the TP 117.36 and 117.11.
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