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For the Euro/Dollar pair, the key levels are: 1.1773, 1.1761, 1.1741, 1.1729, 1.1705, 1.1694, and 1.1671. Here, we are following the development of the downward cycle from July.
Fractal analysis of major currency pairs on August 10, 2021
The EUR/USD pair is expected to further develop the downward trend from July 30 after the level of 1.1723 is broken. The key intraday support level is 1.1773. The GBP/USD.
Fractal analysis of major currency pairs for August 5
For the Euro/Dollar pair, the key levels are: 1.1920, 1.1896, 1.1874, 1.1854, 1.1844, 1.1830, 1.1808, and 1.1798. We are following the development of the upward structure from July.
Fractal analysis of major currency pairs on July 28, 2021
The EUR/USD pair is forming an upward potential from July 23. The key resistance level is 1.1851. The GBP/USD pair is expected to further rise after the level of 1.3895.
Fractal analysis of major currency pairs on July 23, 2021
The EUR/USD pair is expected to develop a downward trend after breaking through the range of 1.1771 - 1.1758. The key intraday support level is 1.1825. The GBP/USD pair will.
Fractal analysis of major currency pairs on July 19, 2021
The EUR/USD pair is expected to develop its downward trend is expected after the price breaks through the noise range of 1.1771 - 1.1758. The key intraday support level.
Fractal analysis of major currency pairs on July 14, 2021
The EUR/USD pair has been moving in a downward trend since July 9. The key resistance level is 1.1758 and the key support level is 1.1825. The GBP/USD pair.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.