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

1.1480

1.1497

1.1544

1.1575

tradertip

EUR/USD Technical Scenario: Thursday 20 July 2017

Last updated 1 day ago at 11:00pm

19 hours ago

Decline should be supported around 1.1497 - 1.1480 zone for rally to above 1.1544. A clear break of 1.1480 will damage this expected rally.

Key Point1.1498
Entry Point1.1521
Elliott1.1583
Closing1.1514
Projection1.1502
Trendline 11.1521
Trendline 21.155

Elliott Wave19 hours ago

flat correction down

Market Trends

EUR/USD Trends: Thursday 20 July 2017

Last updated 1 day ago at 11:00pm

Trend

Start Rate

PNL

Stop Loss

Based Rate

Neutral (2)

-1 day ago

-

-

1.1514
Neutral (-1)

-8 days ago

-

-

111.9275
Neutral (2)

-2 days ago

-

-

1.3023
Bearish (-6)

0.95501 day ago

0.00%

0.9680

0.9550
Neutral (0)

-7 days ago

-

-

0.8841
Neutral (-2)

-8 days ago

-

-

128.8720
Neutral (3)

-1 day ago

-

-

1.1006
Bullish (8)

0.77317 days ago

2.85%

0.7677

0.7951
Bearish (-8)

1.296720 days ago

2.79%

1.2834

1.2605
Bullish (7)

0.73492 days ago

0.11%

0.7253

0.7357
Bullish (6)

87.57707 days ago

1.61%

87.1215

88.9885
Bullish (4)

82.33781 day ago

0.00%

82.1418

82.3378
Neutral (3)

-2 days ago

-

-

145.7635
Neutral (3)

-3 days ago

-

-

88.7992
Neutral (0)

-2 days ago

-

-

1.4483
Bearish (-8)

1.695513 days ago

3.39%

1.6909

1.6381
Neutral (2)

-2 days ago

-

-

1.2439
Bearish (-10)

1.481120 days ago

2.01%

1.4711

1.4514
Bearish (-9)

1.57178 days ago

0.41%

1.5810

1.5652
Bearish (-10)

1.660913 days ago

1.16%

1.6675

1.6416