Hello to all,
Today I offer you a graphical and fundamental analysis of the EUR/USD.
Graphically: since the rise that lasted from mid-November to the beginning of December has propelled the EUR/USD to a historical high of almost 1.2180 (a level not reached since April 2018), it seems to be entering a bearish channel in H1.
At the time of writing this analysis the...
euro usd short
greetings to all,
there is a possible possibility of selling at the breakout of the bullish channel combined with an RSI divergence.
It is necessary to monitor the increase of covid cases in France and Europe which could destabilize the EURO. I would be particularly cautious at the moment because the market in general seems to me particularly...
- the flag is respected and the course goes up, be careful of a possible pull back.
- a double top is formed in 1 and 2 and cancels the flag, in this case possibility to go back down.