logo
Analysis

EUR/USD may fall 23 - 38 pips

BY Trading Central

|Oktober 14, 2024

Intraday: under pressure.

 Intraday: under pressure.

Pivot

1.0950

Our preference

Short positions below 1.0950 with targets at 1.0900 & 1.0885 in extension.

Alternative scenario

Above 1.0950 look for further upside with 1.0965 & 1.0980 as targets.

Comment

As long as the resistance at 1.0950 is not surpassed, the risk of the break below 1.0900 remains high.

Supports and resistances

1.0980

1.0965

1.0950

1.0923 Last

1.0900

1.0885

1.0870

Number of asterisks represents the strength of support and resistance levels.

© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.

Technical Event® is a registered trademark of Trading Central.

Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.


Join us on social media

image-8c62214c8e5bec6ef8697de32b3ff7c208099266-900x900-jpg
Trading Central
24/7 Live Chat

undefined