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 – April 6
The EURUSD currency pair stabilized throughout the 1.0780 regions during its last preceding trading session up to this point. The pair retained its consolidation even since early Monday. fThis Monday, a light of optimism is raising optimism while EURUSD was unable to take any notice of the fair sentiment.
Key Levels
Resistance Levels: 1.1495, 1.1285, 1.0879
Support Levels: 1.0700, 1.0635, 1.0569
EURUSD Long term Trend: Bearish
EURUSD has been under pressure beneath the level of 1.0879 whilst trading underneath the main 5 and 13 (daily moving average), although this Monday’s session is trying to consolidate progress. The pair passed the day hovering all over the threshold of 1.0780.
In the broader context, the entire downtrend from 1.2555 (high) level may still be ongoing as long as the 1.1495 resistance level remains. The next goal is to level of 1.0569 (low). Nevertheless, a continuous break of 1.1495 level may suggest that such a downward trend is over.
EURUSD Short term Trend: Bearish
The short-term scenario is bearish, as the pair progresses below bearish moving averages in the 4-hour chart, with the 5 and 13 moving averages advancing south to break the support level of 1.0780.
However, technical indicators had passed the day without direction within negative ranges, keeping the uncertainty concentrated to the downside without more declines being established anticipated.
Instrument: EURUSD
Order: Sell
Entry price: 1.0780
Stop: 1.0879
Target: 1.0700
Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- 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
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus