Technical Analysis EUR/USD 25 April

2019-04-25

Today's technical analysis on April 25, the EUR / USD pair is dominated by bearish moods to complete consolidation in the Asian session, at strong resistance levels of 1.11685 - 1.12050 therefore it is desirable to wait for the breakdown of a strong support level, which can open the way to the levels of 1.11100 - 1.10660 within London and New York Sessions.

Thus, the best placement opportunities for transactions can be initiated before or during the London session from 1.11425 where Fibonacci levels indicate. The MACD histogram is still located in the negative zone and below its signal line, continues to gradually decline and thereby gives a signal to sell. Stochastic Oscillator is in the oversold zone and forms an unclear, but opposite signal. In the alternative scenario, you should wait for the breakdown of the strong resistance level of 1.11815, then the target of investors will be the levels 1.11985 - 1.12475.

In essence, today's expected important economic news in particular can lead to significant volatility of key pairs, which can stimulate a significant movement to fluctuations during the London and New York sessions. This enables investors to take advantage of Buy / Sell transactions from minimum / maximum levels throughout the day.

Analysis of EUR / USD

Price at the moment: 1.11580

Resistance Level 1: 1.11685
Resistance Level 2: 1.11815
Resistance Level 3: 1.11925
Resistance Level 4: 1.12050

Support Level 1: 1.11425
Support Level 2: 1.11320
Support Level 3: 1.11200
Support level 4: 1.11110