EUR/USD Intraday: rise to 1.0459
Feb 28, 2025 10:02 PM
rise to 1.0459
Our pivot point is at 1.0376.
Our preference:
rise to 1.0459
Alternative scenario:
below 1.0376, expect 1.0348 and 1.0331.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (1.0402) but above its 50 period moving average (1.0399).
Supports and resistances:
1.0492 **
1.0475 *
1.0459 **
1.0442
1.0400 last
1.0387
1.0376 **
1.0348 *
1.0331 **
Our preference:
rise to 1.0459
Alternative scenario:
below 1.0376, expect 1.0348 and 1.0331.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (1.0402) but above its 50 period moving average (1.0399).
Supports and resistances:
1.0492 **
1.0475 *
1.0459 **
1.0442
1.0400 last
1.0387
1.0376 **
1.0348 *
1.0331 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
EUR/USD
1.173
-0.000
-0.02%
