empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

14.07.202312:08 Forex Analysis & Reviews: July 14, 2023 : EUR/USD Intraday technical analysis and trading plan.

Exchange Rates 14.07.2023 analysis

The EUR/USD pair had been trending down to 0.9600, the lowest level since 2002, but then rebounded strongly, especially around this vital support level.

The bears were not able to hold the next resistance level at 1.0100, and they lost ground to the bulls who drove the prices higher along the lower edge of the shown channel.

This resulted in reaching new bullish targets at 1.0250, 1.0500, and 1.0600.

The bulls controlled the price action around the key level of 1.0550-1.0600, leading to more bullish continuation towards 1.0800.

Moreover, there is an ongoing bullish movement towards the nearest resistance zone around 1.1150-1.1200 where price action should be watched for a possible SELL Entry if signs of bearish rejection are expressed.

On the other hand, any bearish pullback to the price levels of 1.1000 should be seen as an Intraday BUY Entry.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.