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

1.1000

1.1030

1.1100

1.1140

tradertip

EUR/USD Technical Scenario: Monday 09 December 2019

Last updated 1 day ago at 11:00pm

22 hours ago

It looks set to visit further lower territory down to around 1.1050 - 1.1030. Its corrective attempts should fail ahead of 1.1085 - 1.1100. Stop loss above 1.1140 zone.

Key Point1.1045
Entry Point1.1078
Elliott1.111
Closing1.106
Projection1.104
Trendline 11.1084
Trendline 21.1084

Elliott Wave22 hours ago

elongated flat correction down

Market Trends

EUR/USD Trends: Saturday 07 December 2019

Last updated 1 day ago at 11:00pm

Trend

Start Rate

PNL

Stop Loss

Based Rate

Bearish (-4)

1.10188 days ago

-0.38%

1.1102

1.1060
Neutral (-2)

-1 day ago

-

-

108.5737
Neutral (3)

-1 day ago

-

-

1.3136
Neutral (3)

-5 days ago

-

-

0.9907
Bearish (-8)

0.85228 days ago

1.20%

0.8518

0.8420
Neutral (0)

-1 day ago

-

-

120.0853
Neutral (1)

-1 day ago

-

-

1.0954
Neutral (-2)

-1 day ago

-

-

0.6841
Neutral (3)

-3 days ago

-

-

1.3256
Bullish (7)

0.65045 days ago

0.89%

0.6473

0.6562
Bullish (4)

74.25801 day ago

0.00%

73.9598

74.2580
Bullish (7)

71.06223 days ago

0.34%

70.6978

71.3060
Neutral (2)

-1 day ago

-

-

142.6170
Neutral (-1)

-1 day ago

-

-

81.9075
Neutral (-2)

-1 day ago

-

-

1.6167
Bullish (5)

1.91363 days ago

0.34%

1.9002

1.9201
Bullish (6)

1.29553 days ago

0.46%

1.2884

1.3015
Bullish (7)

1.46611 day ago

0.00%

1.4610

1.4661
Bearish (-8)

1.714111 days ago

1.74%

1.7039

1.6843
Bullish (8)

1.71808 days ago

1.35%

1.7234

1.7412