30.06.202210:12 Forex-elemzések és áttekintések: Indicator analysis: Daily review of EUR/USD on June 30, 2022

Trend analysis (Fig. 1).

The euro-dollar pair may move upward from the level of 1.0440 (close of yesterday's daily candle) to test 1.0476, the 23.6% retracement level (red dotted line). Upon reaching this level, the price may continue to move upward to 1.0502, the 38.2% retracement level (red dotted line). From this level, the price may roll back down.

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis – up;
• Fibonacci levels – up;
• Volumes – up;
• Candlestick analysis – down;
• Trend analysis – down;
• Bollinger bands – down;
• Weekly chart – down.

General conclusion:

Today, the price may move upward from the level of 1.0440 (close of yesterday's daily candle) to test 1.0476, the 23.6% retracement level (red dotted line). Upon reaching this level, the price may continue to move upward to 1.0502, the 38.2% retracement level (red dotted line). From this level, the price may roll back down.

Alternative scenario: from the level of 1.0440 (close of yesterday's daily candle), the price may move up to test the historical resistance level 1.0464 (blue dotted line). Upon reaching this level, a downward movement is possible to the lower fractal 1.0433 (red dotted line). When testing this level, the price may move up to 1.0459, the 14.6% retracement level (red dotted line).