Artık bundan sonra biz Elev8’iz

Biz yalnızca bir aracı kurumdan fazlasıyız. Analiz etmek, işlem yapmak ve büyümek için ihtiyacınız olan her şeyi tek bir yerde sunan, hepsi bir arada bir işlem ekosistemiyiz. İşlem deneyiminizi bir üst seviyeye taşımaya hazır mısınız?

EUR/GBP Price Analysis: 21/50-day SMA guards immediate upside

  • EUR/GBP registers modest gains above 0.8450.
  • The pair extends recovery from 61.8% of Fibonacci retracement.
  • A 12-day-old falling trend line offers immediate resistance.

EUR/GBP registers 0.07% gains while rising to 0.8464 ahead of the European session on Thursday. In doing so the pair extends its gradual recovery from 61.8% Fibonacci retracement of its rise from December 13 to 25.

While a higher low formation is in favor of the pair’s break to the immediate resistance line, at 0.8475, its further increase will be questioned by a confluence of 21 and 50-day SMAs near 0.8495.

In a case where the bulls manage to conquer 0.8495, also cross 0.8500 round-figure, the December month’s high of 0.8602 will become their favorite.

Alternatively, a daily closing below 61.8% Fibonacci retracement level of 0.8400 could please sellers.

EUR/GBP daily chart

Trend: Pullback expected

 

Asian stocks register six-day losing streak amid broad risk-off

Asian stock markets keep bearing the burden of China’s coronavirus with the equity index from Taiwan Stock Exchange (TSE) leading the declines, -5.54%
Devamını oku Previous

South Africa Private Sector Credit below forecasts (6.4%) in December: Actual (6.14%)

South Africa Private Sector Credit below forecasts (6.4%) in December: Actual (6.14%)
Devamını oku Next