Forecast for EUR/USD on April 26, 2024
April 26, 2024 4:23 amVideo
Latest News
- Forecast for EUR/USD on April 26, 2024 April 26, 2024
- Forecast for GBP/USD on April 26, 2024 April 26, 2024
- Forecast for AUD/USD on April 26, 2024 April 26, 2024
- The ECB also has reasons to worry April 26, 2024
- The dollar: there would have been no happiness, but misfortune helped April 26, 2024
- Trading Signals for EUR/USD for April 25-27, 2024: buy above 1.0684 (21 SMA – 3/8 Murray) April 25, 2024
- Trading Signals for GOLD (XAU/USD) for April 25-27, 2024: buy above $2,324 (21 SMA – 5/8 Murray) April 25, 2024
- Analysis of GBP/USD on April 25th. The dollar suffered a local defeat to win the war April 25, 2024
- USD/JPY: Simple trading tips for novice traders on April 25th (US session) April 25, 2024
- GBP/USD: Simple trading tips for novice traders on April 25th (US session) April 25, 2024
- EUR/USD: Simple trading tips for novice traders on April 25th (US session) April 25, 2024
- GBP/USD: trading plan for the US session on April 25th (analysis of morning deals). The pound continued its recovery April 25, 2024
- EUR/USD: trading plan for the US session on April 25th (analysis of morning deals). The dollar is ready for GDP data April 25, 2024
- Euro turns to GDP and inflation data for a lifeline – Preview April 25, 2024
- Technical Analysis – BTCUSD retreats after unsuccessful test of 50-SMA April 25, 2024
- Technical Analysis – NZDUSD advances after bounce off 5-month low April 25, 2024
- Midweek Technical Look – GBPUSD, EURJPY, Gold April 25, 2024
- Amazon earnings set for AI-driven cloud and ads boost – Stock Markets April 25, 2024
- EUR/USD. April 25th. Bulls continue to advance and expect a weak US GDP report April 25, 2024
- GBP/USD. April 25th. Bulls take advantage of weak US statistics April 25, 2024
EUR/USD
Yesterday, it was difficult for the euro to close the day with a white candle, having fallen under the pressure of high volatility of the stock market. The pair has reached the target level of 1.0724, and the next target is 1.0757.
The current position of the Marlin oscillator, which is becoming more flat every day, indicates a low probability that the price will climb above 1.0757, just as Marlin itself is not averse to a downward reversal from the zero line. A sign of such a reversal will be the price consolidating below the level of 1.0724. We are waiting for the price to trade in the 1.0636/56 range.
On the 4-hour chart, the signal line of the Marlin oscillator has already tried to move out of the consolidation range by moving downward on Thursday. At the same time, a divergence with the price was formed. These circumstances reduce the chance of even working off the nearest resistance at 1.0757. The choice will become clear on Monday morning.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: