August 10, 20200Comments

Trading plan for EUR/USD on August 10, 2020. COVID-19: Recession in the US and Brazil, Growth in India.

The pandemic seems to be in a recession, as the number of daily incidences in the United States and Brazil have decreased sharply. However, this may just be due to the weekend, as such a scenario has already happened several times, with which the rise of infections resumed at the beginning of the week.

by Sz. Daniela

Forex Analysis

August 7, 20200Comments

Fractal Analysis for Major Currency Pairs on August 7

For the euro/dollar pair, we are monitoring the formation of potential for the top of August 3. The level of 1.1915 is the key resistance. For the pound/dollar pair, the price is forming a local structure for the top of August 4. The level of 1.3036 is the key support.

by Sz. Daniela

Forex Analysis

August 6, 20200Comments

Fractal Analysis for Major Currency Pairs on August 6

The key levels for the euro / dollar pair on the H1 scale are: 1.2066, 1.1983, 1.1915, 1.1842, 1.1800, 1.1768 and 1.1693. Here, the price has canceled the development of the descending structure for now and at the moment, we are watching the potential for the top of August 3.

by Sz. Daniela

Forex Analysis

August 5, 20200Comments

Fractal Analysis of Major Currency Pairs on August 5

For the euro/dollar pair, the main development of the downward structure from July 21 is expected after the breakdown of the level of 1.1678. The level of 1.1842 is the key support.

by Sz. Daniela

Forex Analysis

August 4, 20200Comments

Fractal Analysis of Major Currency Pairs on August 4

The key levels for the euro / dollar pair on the H1 scale are: 1.1911, 1.1842, 1.1805, 1.1733, 1.1678, 1.1613 and 1.1568. Here, the price is forming a potential for the downside movement from July 31st.

by Sz. Daniela

Forex Analysis

August 3, 20200Comments

Fractal Analysis of Major Currency Pairs on August 3

by Sz. Daniela

Forex Analysis

July 31, 20200Comments

Fractal Analysis of Major Currency Pairs on July 31st

The key levels for the euro / dollar pair on the H1 scale are: 1.1944, 1.1917, 1.1869, 1.1842 and 1.1798. Here, we are watching the local upward structure from July 28.

by Sz. Daniela

Forex Analysis

July 30, 20200Comments

Fractal Analysis of Major Currency Pairs on July 30th

The key levels for the euro / dollar pair on the H1 scale are: 1.1869, 1.1824, 1.1798, 1.1727, 1.1695, 1.1668, 1.1636 and 1.1614. Here, the price has framed a small local structure for the high of July 28.

by Sz. Daniela

Forex Analysis

July 29, 20200Comments

Fractal Analysis of Main Currency Pairs on July 29th

The key levels for the euro / dollar pair on the H1 scale are: 1.1781, 1.1758, 1.1695, 1.1668, 1.1636 and 1.1614. Here, the price is in a correction from an upward structure.

by Sz. Daniela

Forex Analysis

July 28, 20200Comments

Fractal Analysis of Main Currency Pairs on July 28th

The key levels for the euro / dollar pair on the H1 scale are: 1.1756, 1.1723, 1.1662, 1.1619, 1.1564 and 1.1539. Here, the price is near the limit values for the upward cycle from July 10. In this connection, we expect to move into the correction zone.

by Sz. Daniela

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