• EURUSD under bearish pressure
• Likely to fall to support level 1.0775
EURUSD under the bearish pressure after the price reversed down from round resistance level 1.1000 , touching the upper daily Bollinger Band.
The downward reversal from the resistance level 1.1000 created the daily Japanese candlesticks reversal pattern Dark Cloud Cover – which stopped the earlier impulse wave (iii).
EURUSD can be expected to fall further toward the next support level 1.0775 (low of the previous short-term correction (ii)).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies