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

1.2023

1.2063

1.2177

1.2250

tradertip

EUR/USD Technical Scenario: Friday 27 April 2018

Last updated 1 day ago at 11:00pm

5 hours ago

Market should not go lower than 1.2100 - 1.2063. After this move down it should go up to 1.2157 - 1.2177 area.

Key Point1.2096
Entry Point1.214
Elliott1.2414
Closing1.2103
Projection1.2061
Trendline 11.2197
Trendline 21.2181

Elliott Wave5 hours ago

extended impulse wave down

Market Trends

EUR/USD Trends: Friday 27 April 2018

Last updated 1 day ago at 11:00pm

Trend

Start Rate

PNL

Stop Loss

Based Rate

Bearish (-7)

1.236716 days ago

2.13%

1.2372

1.2103
Neutral (-1)

-9 days ago

-

-

109.2960
Bearish (-9)

1.428910 days ago

2.62%

1.4236

1.3915
Neutral (0)

-7 days ago

-

-

0.9885
Bearish (-4)

0.86981 day ago

0.00%

0.8804

0.8698
Bearish (-9)

132.29507 days ago

0.00%

132.8211

132.2935
Bullish (4)

1.19691 day ago

0.00%

1.1902

1.1969
Bearish (-7)

0.77308 days ago

2.26%

0.7762

0.7555
Neutral (-2)

-7 days ago

-

-

1.2871
Bearish (-7)

0.72087 days ago

2.04%

0.7312

0.7061
Bearish (-8)

83.00778 days ago

0.55%

83.4513

82.5553
Bearish (-9)

78.886514 days ago

2.17%

78.5716

77.1770
Neutral (-2)

-10 days ago

-

-

152.0885
Bearish (-10)

85.252010 days ago

0.40%

85.0299

84.9135
Bullish (4)

1.59728 days ago

0.32%

1.5912

1.6023
Neutral (2)

-10 days ago

-

-

1.8421
Neutral (2)

-9 days ago

-

-

1.3757
Neutral (3)

-2 days ago

-

-

1.5578
Neutral (2)

-1 day ago

-

-

1.7139
Neutral (0)

-16 days ago

-

-

1.7911