EUR/USD Analyse technique - EUR/USD Trading: 2022-01-28


EURUSD forecast bearish as German import prices slow

Résumé de l'Analyse Technique EUR/USD: Vendre

indicateurVALUESignal
RSIAcheter
MACDNeutre
Donchian ChannelNeutre
FractalsNeutre
Parabolic SARVendre
MA(200)Vendre

Analyse graphique

The technical analysis of the EURUSD price chart on 1-hour timeframe shows EURUSD,H1 is retreating below 200-period moving average MA(200) which is falling itself. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 1.1121. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.1155. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analyse Fondamentale de -

German import prices rise slowed in December. Will the EURUSD price retreat persist?

German import prices rise slowed in December. The federal statistics office Destatis reported the index of import prices in Germany increased by 0.1% over month in December after 3% rise in November, when a faster increase of 1.8% was expected. This is bearish for EURUSD.