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EUR/USD - will continue rising?

Woolf Опубликовал 21 Нояб. как анализ EUR/USD , Цель: 1.1739, Дата: 2-е Января, 12:00 GMT в #Technical analysis #EUR #USD #Eurusd #Wedge #EUR/USD #Uptrend

TREND:
short term (form September 2017) - market is downward trend
long term (from March 2017) - market is upward trend

RANGE:
short term (form September 2017) - 1,2100 - 1,1550
long term (from March 2017) - 1,2100 - 1,0500

RESISTANCE:
1,1860
1,1950
1,2050

SUPPORT:
1,1710
1,1520
1,1400
Daily chart
Weekly chart
Making a forecast on EUR/USD has given me two problems. First, the market is in the downward trend since the beginning of September but another hand as we see on the Weekly c…

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EUR/USD - NEW LOWS

Woolf Опубликовал 19 Сент. как анализ EUR/USD , Цель: 1.2660, Дата: 3-е Ноября, 12:00 GMT в #Technical analysis #EUR/USD

WEEKLY CHART:
We see that there are drawing two parallel lines (support at 1,2860 and resistance at 1,3500). Maybe in the future these line will make a groth channel.
DAILY CHART:
- rates are still in downtrend
- there is a consolidation of the market in range between 1.2850 - 1.3000
- my prediction is keeping downtrend and move to new lows at 1.2660 (low from 13.11.2012)
- level 1.2660 historically was an important turning point:
a. 11.2012 - as a support
b. 06.2012 - as a resistance
c. 08-09.2…

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EUR/USD - will continue rising?

EUR/USD - NEW LOWS