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  • EURUSD stretches bullish run near 2-month high

    From xm.com

    video EURUSD has been in a steep rally over the last four days, creating a new two-month peak around the 1.1145 resistance level. The price rebounded on the bullish crossover within the 20- and 40-day simple moving averages (SMAs), exiting from the short-term consolidation area and surpassing the flat 200-day SMA. Looking at the technical indicators, the MACD oscillator is climbing above the trigger and zero lines with strong momentum, while the RSI is heading towards the overbought levels, suggesting a possible pullback on price in the near term. Any advances above the 1.1145 barrier could open the door for more ... (full story)

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  • Jun 1, 2020 7:09am Jun 1, 2020 7:09am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 152 Comments
How helpful is this information?
Do your homework, follow the footprints of smart money
 
 
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  • Jun 1, 2020 7:21am Jun 1, 2020 7:21am
  •  rafnat
  • | Joined May 2020 | Status: Member | 14 Comments
Bad information. Just a manipulation scheme.
 
 
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  • Posted: Jun 1, 2020 6:53am
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 2  /  Views: 5,227
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