Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
EUR/USD: Trading Recommendations
Abstract：EUR/USD: Trading Recommendations
EUR/USD broke through the important resistance level 1.2180 today (Fibonacci level 50% of upward correction in the wave of the pair's decline from the level 1.3870, which began in May 2014) and continues to grow within the upward channels on the daily and weekly charts, the upper boundaries of which pass through the levels of 1.2340, 1.2450.
More distant growth targets are located at resistance levels 1.2500, 1.2580 (61.8% Fibonacci level and 2018 highs), 1.2600. In an alternative scenario and after the breakdown of the support levels 1.2043, 1.2030 EUR/USD will resume its decline towards the key support levels 1.1960, 1.1890.
Trading RecommendationsSell Stop 1.2170. Stop-Loss 1.2230. Take-Profit 1.2119, 1.2070, 1.2043, 1.2030, 1.2000, 1.1960, 1.1890, 1.1780
Buy Stop 1.2230. Stop-Loss 1.2170. Take-Profit 1.2300, 1.2340, 1.2450, 1.2580, 1.2600
More news coming soon on WikiFX APP -
Android: https://bit.ly/3kyRwgw
iOS: https://bit.ly/wikifxapp-ios
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Weekly Fundamental Gold Price Forecast: Hawkish Central Banks a Hurdle
WEEKLY FUNDAMENTAL GOLD PRICE FORECAST: NEUTRAL
Original 2021-11-01
Gold Prices at Risk, Eyeing the Fed’s Key Inflation Gauge. Will XAU/USD Clear Support?
GOLD, XAU/USD, TREASURY YIELDS, CORE PCE, TECHNICAL ANALYSIS - TALKING POINTS:
Original 2021-10-29
British Pound (GBP) Price Outlook: EUR/GBP Downside Risk as ECB Meets
EUR/GBP PRICE, NEWS AND ANALYSIS:
Original 2021-10-28
Dollar Up, Yen Down as Investors Focus on Central Bank Policy Decisions
The dollar was up on Thursday morning in Asia, with the yen and euro on a downward trend ahead of central bank policy decisions in Japan and Europe.
Original 2021-10-28
WikiFX Broker
Latest News
Forex24 Faces CySEC Fine for Late Compliance Filing
WikiFX"Our Business Has Died": Texas Services Sector Sentiment Slumps Further In October
WikiFXOne Wrong Move Wiped Out a Government Retiree’s Lifetime Savings
WikiFXINTERPOL, AFRIPOL Crack Down on Africa Terror Finance
WikiFXForex Scam Checker Philippines: Verify Brokers with WikiFX
WikiFXMH Markets Review 2025: Trading Platforms, Pros and Cons
WikiFXMekness Review: Traders Report Alleged Fund Scams & Account Blocks
WikiFXOcta FX in Pakistan: The Complete Guide to Local Payments, Regulation, and Support
WikiFXD Prime to Exit Limassol Office Amid Doo Group Restructure
WikiFXWikiFX Elites Club Committee Concludes Voting! Inaugural Lineup Officially Announced
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate