FX.co ★ Alpha302 | EUR/USD

EUR/USD Technical Analysis D-1 Chart

Greetings, colleague! The trouble (for us) is that the swindlers can arrange something that we have never dreamed of or seen in our visions. Yesterday, EUR/USD went up quite briskly and entered the eighteenth figure. And somehow I have a feeling that this move is serious and for a long time. Because if we switch to older frames, it turns out that in the development of history, we have a fairly carefully worked sideways trend within 1.1910-1.1630. And, as we can see from the screenshot below, it was from the lower limit that we pushed off; therefore, we are heading north. What the indicators show: MA100 is pulling north at a trend angle of thirty degrees. The mood during the week is quite buoyant. MA18 is also currently working on growth—it is going in favor of the north at a serious trend angle of forty degrees. And all candles at the current moment are located in the zone above all moving averages, guides, and above the local Ichimoku Cloud. That is, it turns out that the currency is warmed up by bulls both within the week and within the day. The Ichimoku Cloud is currently painted in bullish colors. If we count the number of waves, it turns out that at the current moment the third bullish sub-wave is being traded. And it is being worked out with a special taste—its body is currently sportily lean, and it is growing at a trend angle of thirty degrees. And even the final part of Kumo looks like it will continue growing. Basement bundles of indicators are overbought; there are no sell signals. So... Growth is open.