Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
EURUSD Price Analysis – July 11
When the bears’ momentum break down the support level of $1.00, the price may reach support levels of $0.90 and $0.80. In case the buyers push up the price above the resistance level of $1.01, the price may increase to test the resistance level of $1.03 which may extend to $1.04 level.
Resistance levels: $1.01, $1.03, $1.04
Support levels: $1.00, $0.90, $0.80
EURUSD Long-term Trend: Bearish
EURUSD is bearish on the long term outlook. The currency pair pulled back at the early stage of last week market. The resistance level of $1.01 was retested. Sellers returned to market and more daily bearish candles were produced and the price decline towards the support level of $1.00. The just mentioned level was tested on July 08.
The bears’ pressure has penetrated the two EMAs downside. EURUSD is trading below the 9 periods EMA and the 21 periods EMA. When the bears’ momentum break down the support level of $1.00, the price may reach support levels of $0.90 and $0.80. In case the buyers push up the price above the resistance level of $1.01, the price may increase to test the resistance level of $1.03 which may extend to $1.04 level. The Relative Strength Index period 14 is at 31 levels with the signal line pointing down to indicate a sell signal.
EURUSD medium-term Trend: Bearish
EURUSD is bearish in the medium-term outlook. After the break down of the former support level of $1.03, sellers have been in control of the market. On 4-hour chart, the price is decreasing and $1.02 and $1.01 levels were penetrate downside. The price is heading to previous low at $1.00 level.
The price is trading below the 9 periods EMA and 21 periods EMA, the two EMAs are separated from each other as a sign of bearish momentum in the market. Relative Strength Index period 14 is pointing down at 27 levels which indicate a sell signal.
You can purchase Lucky Block here: Buy LBlock
- Min Deposit
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- The Lowest Trading Costs
- 50% Welcome Bonus
- Award-winning 24 Hour Support
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus