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EURUSD is trading around 1.0509. Earlier today price was trading as high as 1.0568 where we find the lower cloud boundary resistance. Price remains below the 4hour Kumo (cloud). According to the Ichimoku cloud indicator trend remains bearish. Price is showing rejection signs at the cloud resistance. Not only price got rejected, but it is also trading below the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). The Chikou span (black line indicator) remains below the candlestick pattern (bearish). Despite the two day bounce, bears are here and still in control of the trend. Recent price action has confirmed the importance of the 1.0570 resistance level. As long as we trade below this level, bears will remain in control of the trend.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
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