EUR/USD Technical Analysis
(Euro / US Dollar)

eurusd
eurusd


Updated the:
04/22/2014
EUR/USD : Towards new highs in 2014

Sentiment :
sentiment sur la parité AUD/USD
1,3830
sentiment sur la parité AUD/USD
1,3830
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD has validated yesterday a return below 1.38 and then found support on 1.3785 in extension (lower level formed on April 9th).
The price is now moving into a short-term bearish channel (orange lines on the 1h chart - parallel of the previous bearish short term channel - blue lines)

I would advise traders to trade only short positions (sell) as far as 1.3830 is resistance.
A break of 1.3785 will offer a new sell signal for an extension of the downtrend towards 1.3750.

In case of return above 1.3830, a buy signal will be given (bearish channel output). Long positions (buy) will be then advised with as objective, a return on 1.3850 / 65.
Full analysis

Analysis published by Vincent, the 04/22/2014 at 09h30 GMT+2


Chart of the pair EUR/USD - Timeframe 1H
EUR/USD Technical Analysis

Chart of the pair EUR/USD - Timeframe 4H
EUR/USD Technical Analysis

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