Request a call back

Analytics 27.02

Already in the morning the EUR / USD currency pair shows its intention to go up, showing growth to $ 1.2340. Although on the chart of H1 the pair is traded in the side corridor for three days, thereby showing that there is no definite direction yet. The European currency still trades below the MA 200 level on the timeframe H, which means that the EUR / USD pair is still under control of the bears. There is a very high probability that the bears will soon take the situation into their own hands and the couple will begin their long-awaited decline.
According to the plan for today, the pair's correction to the levels of 1.2360 - 1.2370 with the subsequent decline.
The main support and resistance lines for the pair today:
resistance: 1.2360 (70); 1.2400; 1.2440.
support: 1.2260 (80); 1.2240; 1.2200.


British currency yesterday, February 26 in the morning tried to break through MA 200 on H1 and wanted to gain a foothold above the moving average, but already in the afternoon returned, showing that the bears are not ready to surrender their positions. Accordingly, there is every chance of continuing the downward trend, which was formed on February 16. In general, the pair expects the continuation of the downward movement with the goal of reaching the level of $ 1.3925. If the pair consolidates above $ 1.4025, it will be a signal to the fact that the bulls will again want to fight with the bears.
The main support and resistance lines for the pair today:
Resistance: 1.4070; 1.4140; 1.4170.
support: 1.3930; 1.3860; 1.3800.


Despite the fact that the USD / JPY currency pair has been sinking in the sideways direction since yesterday evening, being near the highs of yesterday. The signal for sale has already been formed on the MADD indicator.
Most likely today, the couple will want to make a breakthrough to the upper line of the trend channel, which began to form on February 20, 2018, and after that, it will go down, continuing to move in the range of this channel.
If the currency pair is fixed above the resistance line of the channel 1.10710, this will indicate a change in the bearish trend in the bull.
The main support and resistance lines for the pair today:
Resistance: 107.10; 107.60; 108.00
support: 106.40; 106.10; 105.60