Technical Analysis, Technical Forecasts and Market Trends

Forex Technical Analysis

Technical analysis maintains that all information is already reflected in the price and that price movements lead to recognizable price chart patterns. It therefore tries to determine a trend on the grounds that sentiment changes may, at least in part, forecast trend changes.

EUR/USD ( )

Supports and Resistance levels

1.1321

1.1336

1.1364

1.1377

tradertip

EUR/USD Technical Scenario: Wednesday 20 March 2019

Last updated 1 day ago at 11:00pm

4 hours ago

Current rise should end around 1.1356 or 1.1364. Objectives of this downmove are 1.1336 or 1.1321. A rise above 1.1377 is again bullish.

Key Point1.1364
Entry Point1.1357
Elliott1.1177
Closing1.1351
Projection1.142
Trendline 11.1345
Trendline 21.1355

Elliott Wave4 hours ago

flat correction up

Market Trends

EUR/USD Trends: Wednesday 20 March 2019

Last updated 1 day ago at 11:00pm

Trend

Start Rate

PNL

Stop Loss

Based Rate

Neutral (-1)

-5 days ago

-

-

1.1351
Bullish (4)

111.40071 day ago

0.00%

111.0534

111.4007
Bullish (6)

1.32915 days ago

-0.17%

1.3074

1.3268
Neutral (-1)

-8 days ago

-

-

0.9993
Bearish (-6)

0.85215 days ago

-0.40%

0.8624

0.8555
Bullish (4)

126.25055 days ago

0.17%

125.1057

126.4677
Neutral (3)

-1 day ago

-

-

1.1343
Bearish (-6)

0.70871 day ago

0.00%

0.7100

0.7087
Neutral (-2)

-1 day ago

-

-

1.3327
Bullish (6)

0.68455 days ago

0.12%

0.6807

0.6853
Neutral (2)

-1 day ago

-

-

78.9558
Neutral (3)

-2 days ago

-

-

76.3409
Neutral (2)

-1 day ago

-

-

147.8196
Neutral (3)

-16 days ago

-

-

83.5975
Neutral (2)

-13 days ago

-

-

1.6015
Bullish (6)

1.87201 day ago

0.00%

1.8518

1.8720
Neutral (2)

-2 days ago

-

-

1.3259
Neutral (-2)

-5 days ago

-

-

1.5127
Bearish (-6)

1.656813 days ago

0.02%

1.6596

1.6564
Bullish (6)

1.77255 days ago

-0.24%

1.7507

1.7682