- Analytics
- News and Tools
- Market News
- EUR/USD Price Analysis: Bulls stay in control and eye 1.1050s
EUR/USD Price Analysis: Bulls stay in control and eye 1.1050s
- EUR/USD bulls are in the market and eyed higher highs.
- The bulls can target the 1.1050s while above 1.0900 support.
Despite the tweezer top, we have seen two consecutive days of rally and we are on the third day of bullñsi price action in EUR/USD. The price has rallied into the 1.0970s and is showing little signs of slowing down with the 1.1030/50s eyed for the near future.
EUR/USD daily chart
EUR/USD H4 chart
The 4-hour chart is so far bullish for the Asian day. EUR/USD is on the front side of the macro trend and above the support of 1.0900.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
