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Technical Analysis

Technical Analysis
Thursday 15th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price trades sideways, still holding above 1764 weekly support.

By IC Markets

Technical Analysis
Wednesday 14th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price trades sideways, still holding above 1764 weekly support. Further bullish pressure above 1764 weekly support could be possible with an upside target at 1855 resistance.

By IC Markets

Technical Analysis
Tuesday 13th July 2021: Technical Outlook and Review

EUR/USD: Looking at the weekly chart we can see that prices […]

By IC Markets

Technical Analysis
Monday 12th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price continues to push higher, above 1764 weekly support. Further bullish pressure above 1764 weekly support could be possible with an upside target at 1855 resistance.

By IC Markets

Technical Analysis
Friday 09th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price continues to push higher, above 1764 weekly support.

By IC Markets

Technical Analysis
Thursday 08th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support. While 1764 support looks fragile, as long as we do not have a daily close below this support, we may see price bounce towards 1855 resistance.

By IC Markets

Technical Analysis
Wednesday 07th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support. While 1764 support looks fragile, as long as we do not have a daily close below this support, we may see price bounce towards 1855 resistance.

By IC Markets

Technical Analysis
Tuesday 06th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support. While 1764 support looks fragile, as long as we do not have a daily close below this support, we may see price bounce towards 1855 resistance.

By IC Markets

Technical Analysis
Monday 05th July 2021: Technical Outlook and Review

On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support.

By IC Markets