How to trade EUR/USD today? What are the price targets?
What economic news is impacting the forex market?
👉 Watch the EUR/USD Forex market video by Trading Central's technical analysis experts!
00:00 EUR/USD Technical Analysis Today with Targets
EUR/USD stays on the downside.
It is capped by a bearish trend line.
Below the intraday key resistance at 1.1090, expect a return to..
00:56 EURUSD Stock Market and Economic News Today
ADP employment is estimated to ..
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How to read a Technical Analysis?
• Pivot Point (blue horizontal line): A key figure in technical analysis, it represents the important psychological level which, if reached, will invalidate the current strategy
It can be used as a level on which to place a stop loss
• Our preference: the scenario favored by Trading Central, materialized on the chart by a blue directional arrow
• Alternative scenario: the scenario that will be favored if the pivot point is reached
• Supports (red horizontal lines) and resistances (green horizontal lines) on all our charts
• Last: The last quoted price at the time of reporting
• The time horizon: at the top left of the graph, you will find the time horizon on which the analysis was carried out:
30 min: 1 bar on the chart represents 30 min of trading. Forecasting on a horizon of about 10 hours
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