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EUR/USD

EUR/USD – D1 – Double Top Part II

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EUR/USD W1 CHARTS

EUR/USD - Daily - 1 March 2018

EUR/USD D1 CHARTS

EUR/USD - Monthly - 1 March 2018

COMMENTARY

Current price: 1.2188
Part 2 of EUR/USD – D1 – Head and Shoulders (October 27, 2017) and EUR/USD – D1/W1 – Double Top (January 10, 2018)

  • EUR/USD Looks Bearish below 1.2350
  • Possible formation on Classic “Double Top” on Daily and Weekly Charts. Neckline @ 1.2250. 1.2555 -global resistance level hasn’t been reached. Global monthly trend is still bearish. Monthly price is under EMA 200. EUR is overbought, Dollar index looks bullish for short-term.
  • Euro zone inflation slows, underlining ECB caution
  • USD drive higher as Fed chief hints of more rate hikes.
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Hi, Friend! My name is Gran Layson. I am an experienced currency and stock trader from Europe. If you want something to be done well, do it yourself, therefore often I feel myself as “Swiss Army Knife Man”. I am the Intomillion’s website administrator, developer ... read more

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