| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: Forex Daily Update

FxWirePro:GBP/AUD outlook weaker on renewed downside pressure

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro: EUR/NZD repeatedly capped by key fibo, expect a fall

FxWirePro- RUNEUSD (Chart of the day)

FxWirePro: GBP/NZD drops to one week low with plenty more downside potential

FxWirePro: GBP/NZD capped by the 38.2% fibonacci, good to sell on rally

FxWirePro- Silver Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro- BTCUSD Daily Outlook

FxWirePro-

FxWirePro- AIOZUSD Daily Outlook

FxWirePro- Major Pair Levels and Bias Summary

FxWirePro: GBP/AUD recovery facing steep rock, likely to falter

FxWirePro- Ethereum Daily Outlook

FxWirePro- Crude oil Daily Outlook

FxWirePro- BTCUSD Daily Outlook

©Econometrics LLC . All Rights Reserved.

EUR/USD: Sell below 1.12680 (200 HMA)

Wednesday, August 24, 2016 10:11 AM UTC

Major resistance- 1.1370.
Major support – 1.12680 (200 HMA).
The pair has jumped till 1.13549 and broken 1.13000 level. It is currently trading around 1.12952.
On the lower side, 200 HMA will be acting as major support and any break below targets 1.1224 (100 day MA)/1.1175 (55 day EMA).
Technically EUR/USD has formed a temporary top around 1.1370 and any bullishness can be seen only above that level. Any violation above 1.1370 will take the pair till 1.1435/1.1450.

It is good to sell below 1.12680 with SL around 1.1311 for the TP of 1.1200/1.1175.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Adidas Unveils Innovative Triple-Red FC Bayern München Kit for 2024/25 Season

FxWirePro: GBP/NZD extends drop, 23.6% fib support

Iran is gaining credibility in the Muslim world and feeling emboldened

PepsiCo Europe Hires Kraft Heinz CMO to Boost Its Market Presence

TokenPost Launches 3 Cryptocurrency Indices for Market Insight

KFC Customers Demand the Return of Original Veggie Burger

Levi Strauss Settles Trademark Lawsuit with Brunello Cucinelli

FxWirePro: GBP/AUD falls below 1.9000 level, bears keep the advantage

FxWirePro: EUR/NZD repeatedly capped by key fibo, expect a fall

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

EUR/USD: Sell below 1.12680 (200 HMA)

Editor's Picks

Welcome to EconoTimes