EUR/USD Technical Analysis

The pair has turned around.

Technical Analysis
Sep 04, 2018
EUR/USD Technical Analysis

Against the backdrop of complications in the relations between the United States and Turkey, the single currency rate has weakened. The US dollar continues to take the form of a safe-haven currency.

On our chart we observe the formation of the head and shoulders pattern. Now the pair is aimed at the level of the neck, which we believe is at 1.1540. After this we expect the formation of the second shoulder.

The technical indicators point to sales; now the pair has approached the average MA (86).

Therefore, we advise you to look for points for entering short positions. Note that after reaching the neck level a second shoulder will be formed, from which you should search for entry points.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We can buy the pair today.

SuperForex
Sep 03, 2018
GOLD (XAU/USD): Review & Forecast

Technical Analysis

GOLD (XAU/USD): Review & Forecast

Gold is under pressure by the strong dollar, the trade war and other geopolitical risks. Deals to Sell are still effective.

SuperForex
Aug 31, 2018

Technical Analysis

USD/JPY Technical Overview & Daily Chart

We can buy this pair today.

SuperForex
Aug 30, 2018