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Forex Market Daily Technical Analysis of EUR/USD

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1120 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.1120 with first target at 1.1175 and second target at 1.1200 in extension as take profits.
forex-technical-analisys-pivot-points-chart-EURUSD-2024-08-22-34bfd.gif

Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of EUR/USD Sybmol in 30M Time Frame Chart is: 1.1120 and Preferred situation is Bullish.

Forex Daily Support and Resistance Lines:

Technical analysis of EUR/USD: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 1.1220
  • Resistance Level 2: 1.1200
  • Resistance Level 1: 1.1175

Technical analysis of EUR/USD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 1.1120
  • Support Level 2: 1.1100
  • Support Level 3: 1.1080

Forex Trading Signals:

Our Preferred Senario is Long Positions (Buy) above 1.1120 with first target at 1.1175 and second target at 1.1200 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.1120 with first target at 1.1100 and second target at 1.1080 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of EUR/USD

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