EURUSD - 14 Jan - Resistance and good news for USD
EURUSD trend forecast January 14, 2025
The EUR/USD pair pauses its five-day decline, hovering near 1.0250 during the Asian session on Tuesday. Analyzing the daily chart reveals the persistence of a bearish trend, as the pair continues to trade within a descending channel.
The 14-day Relative Strength Index (RSI), a crucial momentum gauge, has climbed above the 30 mark, signaling a rebound from oversold territory. However, the EUR/USD pair remains positioned below the nine- and 14-day Exponential Moving Averages (EMAs), indicating subdued short-term momentum and confirming the broader bearish bias.
EURUSD price breaks downtrend - returns to retest resistance with PPI news also forecasted to be good for USD, downward pressure on EURUSD
/// SELL EURUSD : zone 1.02700 - 1.02800
SL: 1.03100
TP: 40 - 70 - 100pips ( 1.01800 )
Safe and profitable trading
The EUR/USD pair pauses its five-day decline, hovering near 1.0250 during the Asian session on Tuesday. Analyzing the daily chart reveals the persistence of a bearish trend, as the pair continues to trade within a descending channel.
The 14-day Relative Strength Index (RSI), a crucial momentum gauge, has climbed above the 30 mark, signaling a rebound from oversold territory. However, the EUR/USD pair remains positioned below the nine- and 14-day Exponential Moving Averages (EMAs), indicating subdued short-term momentum and confirming the broader bearish bias.
EURUSD price breaks downtrend - returns to retest resistance with PPI news also forecasted to be good for USD, downward pressure on EURUSD
/// SELL EURUSD : zone 1.02700 - 1.02800
SL: 1.03100
TP: 40 - 70 - 100pips ( 1.01800 )
Safe and profitable trading
Trade attivo
+ 20 pips , signal SELL EURUSD ( 1.02700 - 1.02800 ), great 
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.