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

1.1302

1.1333

1.1399

1.1433

tradertip

EUR/USD Technical Scenario: Wednesday 19 December 2018

Last updated 1 day ago at 11:00pm

4 hours ago

Resistances lie around 1.1383 and 1.1399. It should test lower towards 1.1333 zone. A clear break of 1.1355 would be bearish.

Key Point1.1374
Entry Point1.1367
Elliott1.127
Closing1.1365
Projection1.1393
Trendline 11.1344
Trendline 21.1372

Elliott Wave4 hours ago

irregular flat correction up

Market Trends

EUR/USD Trends: Wednesday 19 December 2018

Last updated 1 day ago at 11:00pm

Trend

Start Rate

PNL

Stop Loss

Based Rate

Bearish (-4)

1.13075 days ago

-0.51%

1.1397

1.1365
Neutral (2)

-2 days ago

-

-

112.5283
Bearish (-5)

1.30621 month ago

3.22%

1.2707

1.2642
Bullish (5)

0.99271 day ago

0.00%

0.9906

0.9927
Bullish (5)

0.89901 day ago

0.00%

0.8945

0.8990
Bearish (-8)

128.185713 days ago

0.24%

128.8802

127.8773
Bearish (-6)

1.129919 days ago

0.13%

1.1307

1.1284
Neutral (-1)

-14 days ago

-

-

0.7179
Bullish (8)

1.33845 days ago

0.61%

1.3322

1.3465
Neutral (2)

-14 days ago

-

-

0.6847
Neutral (-1)

-15 days ago

-

-

80.7727
Neutral (2)

-15 days ago

-

-

77.0470
Bearish (-8)

147.58701 month ago

3.62%

143.6536

142.2450
Bearish (-9)

84.608012 days ago

1.24%

85.1053

83.5605
Neutral (-2)

-7 days ago

-

-

1.5831
Bearish (-6)

1.75375 days ago

-0.40%

1.7685

1.7608
Neutral (-1)

-5 days ago

-

-

1.2540
Neutral (3)

-5 days ago

-

-

1.5302
Neutral (-3)

-7 days ago

-

-

1.6597
Neutral (3)

-19 days ago

-

-

1.7024