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Tuesday 7 July 2015

EURUSD Is Sideways On Charts | Free Forex Signals | Currency Trading

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Today we are sharing EUR/USD Currency Trading Signals. 


Daily Forex Signals
SUMMARY:

The secondary trend of EURUSD is sideways on charts but from past few trading sessions prices are not sustaining at higher levels. In its 4 hourly chart, prices are consolidating with strong negative bias to give break out at downside. Its 30 and 200 DMA are also providing resistance to the prices & supporting the further downtrend. The pair is taking support at an important level of 1.0965. If it breaks its support level & sustains below it then we can expect it to come down to the levels of 1.0905/1.0870  in next few days.

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EURUSD ( 4 Hourly )

EURUSD Chart Today
EURUSD Chart Today



INDICATORS:

MACD is sustaining in selling territory, supporting the further down side movement in the market.

STRATEGY: 

EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

PIVOT POINTS :


S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.0894
1.0944
1.0995
1.1045
1.1096
1.1146
1.1197
GBP/USD
1.5442
1.5486
1.5546
1.5590
1.5650
1.5694
1.5754
USD/JPY
120.66
121.19
121.88
122.41
123.10
123.63
124.32
USD/CHF
0.9323
0.9363
0.9395
0.9435
0.9467
0.9507
0.9539
AUD/USD
0.7364
0.7406
0.7453
0.7495
0.7542
0.7584
0.7631
EUR/GBP
0.7009
0.7039
0.7061
0.7091
0.7113
0.7143
0.7165
USD/CAD
1.2493
1.2528
1.2595
1.2630
1.2697
1.2732
1.2799
NZD/USD
0.6604
0.6635
0.6653
0.6684
0.6702
0.6733
0.6751


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