Forex Technical Analysis of EURUSD for February 08 (updated) ~ forex trading software manufacturer
Support - S1 : 1.1093 | S2 : 1.1032 | S3 : 1.0956
Resistance - R1 : 1.1230 | R2 : 1.1306 | R3 : 1.1366
Main Trend - Bullish
Intraday Trend - Bullish
Applying all the rules of forex technical analysis and studying the 4H chart of the exchange rate EURUSD we observe that the price is moving above two Andrew's Pitchfork (blue lines and green lines). EMA (50) and EMA(200) have an upward cross between them. The price remains above of EMA(50) and EMA(200).
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more »Resistance - R1 : 1.1230 | R2 : 1.1306 | R3 : 1.1366
Main Trend - Bullish
Intraday Trend - Bullish
Applying all the rules of forex technical analysis and studying the 4H chart of the exchange rate EURUSD we observe that the price is moving above two Andrew's Pitchfork (blue lines and green lines). EMA (50) and EMA(200) have an upward cross between them. The price remains above of EMA(50) and EMA(200).
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
More info for Forex Technical Analysis of EURUSD for February 08 (updated) ~ forex trading software manufacturer:
