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15.07.202405:18 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for EUR/USD on July 15, 2024

EUR/USD

By the end of the week, the euro managed to reach the target level of 1.0905, which is the upper boundary of the descending price channel on the weekly timeframe.

Exchange Rates 15.07.2024 analysis

The divergence with the Marlin oscillator suggests a reversal, but once again, a gap is interfering. This gap doesn't significantly affect the technical pattern of the reversal because it can be recouped without any noticeable impact. If the price manages to consolidate above 1.0905, the euro will continue to rise to 1.0964 or even higher.

Exchange Rates 15.07.2024 analysis

A double divergence has formed on the 4-hour chart. Recouping the gap may not even disrupt the divergence. The first sign of a reversal is when the price moves below the Kijun-sen line (1.0853). This will likely happen no sooner than tomorrow.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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