The EUR/USD currency pair is currently trading at 1.0858, showing a slight daily change of 0.02%. According to technical analysis, the main support level is at 1.05, while the main resistance is at 1.1. The minor support is at 1.081, and the minor resistance is at 1.095. The current trend is upward, indicating that EUR/USD retains its bullish potential and maintains a positive short-term outlook. If the price breaks above the 1.095 minor resistance, it may move towards the 1.1 main resistance level. A close above this level could enhance the potential for further gains. Conversely, falling below the 1.081 minor support could lead to a retracement towards the 1.05 main support.
x
M
A
R
K
E
T
S
A
L
L
EUR/USD Technical Analysis 29.07.2024
- Analysis Team
- Technical Analysis
- 29 July 2024
- 0 Comments
Your Trusted Partner in Global Finance
At Marketsall, we take innovative steps in the global financial markets, offering reliable and effective solutions to investors.
With our expertise in the forex markets, we place technology at the heart of trading to ensure sustainable success. We continue to shape the future with strong and innovative strategies.
All assets. One platform.
Marketsall Ltd
Registration No: 203266
Office Address
6 St Denis Street 1/F River Court
Port Louis 11328 MAURITIUS
Markets
Company
Legal
Marketsall is operating in Mauritius via Marketsall Limited, authorized and regulated as an Investment Dealer by The Financial Services Commission (License no: GB23201682).
Risk Warning
The financial products offered via this website include digitals, contracts for difference (CFDs), and other complex derivatives and financial products. Trading options may not be suitable for everyone. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, the products offered on this website may not be suitable for all investors because of the risk of losing all of your invested capital. You should never invest money that you cannot afford to lose, and never trade with borrowed money. Before trading in the complex financial products offered, please be sure to understand the risks involved and learn about Secure and responsible trading.
Marketsall doesn’t accept customers from certain jurisdictions including the Afghanistan, Bosnia and Herzegovina, Burundi, Congo, Democratic Republic of the, Guinea, Guinea-Bissau, Haiti, Iran, Islamic Republic of, Iraq, North Korea, Lebanon, Libya, Mali, Myanmar, Nicaragua, Serbia, Somalia, South Sudan, Sudan, Syrian Arab Republic (Syria), Tunisia, Yemen, Zimbabwe, Russian Federation, Crimea, Turkey, Canada and the United States of America (USA).
© 2024 Marketsall Ltd.
Leave A Comment