empty
13.05.2025 06:49 PM
Trading Signals for EUR/USD for May 13-19, 2025: sell below 1.1184 (200 EMA - 21 SMA)

This image is no longer relevant

Early in the American session, the euro is trading around 1.1171, below the 200 EMA and below the 21 SMA.

On the H4 chart, we can see that the euro, after reaching the low of 1.1070, has technically rebounded towards the moving average zone.

However, bearish pressure is likely to resume, as the 200 EMA acts as dynamic resistance, and the euro is likely to resume its bearish cycle.

The euro left a gap around 1.1240 and is likely to be able to fill it in the coming days only if the price consolidates above 1.1187.

If the euro remains below 1.1184, the outlook could be negative, and we could expect it to reach the 1.1064 level again. This could serve to confirm a double bottom pattern, and from there, it could resume its bullish cycle.

Our trading plan for the coming hours is to sell below 1.1184, with targets at 1.1120, 1.1090, and 1.1070.

The eagle indicator is showing a positive signal, so we will look for buying opportunities whenever there is a pullback.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator

Arief Makmur 08:10 2025-06-12 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday June 12, 2025.

On the 4-hour chart of the Nasdaq 100 index, there is a divergence between its price movement and the Stochastic Oscillator indicator, especially with the current confirmation of the price

Arief Makmur 08:10 2025-06-12 UTC+2

Trading Signals for EUR/USD for June 12-19, 2025: sell below 1.1500 (21 SMA - 8/8 Murray)

If the euro price falls below 1.1500 in the coming hours, this could be seen as an opportunity to sell. Technically, it appears overbought on the H4 chart and could

Dimitrios Zappas 05:33 2025-06-12 UTC+2

Trading Signals for GOLD (XAU/USD) for June 12-19, 2025: sell below $3,386 (21 SMA - 7/8 Murray)

The XAU/USD trend remains bullish as long as the price consolidates above 3,331. Therefore, it would be prudent to buy gold as long as the price consolidates above 3,359, where

Dimitrios Zappas 05:32 2025-06-12 UTC+2

EUR/USD Forecast for June 12, 2025

The U.S. inflation data released on Wednesday stirred the markets: the dollar index dropped by 0.47%, WTI oil surged by 5.54%, gold rose by 1.27%, and 5-year U.S. Treasury yields

Laurie Bailey 04:40 2025-06-12 UTC+2

GBP/USD Forecast for June 12, 2025

On Wednesday, the British pound successfully avoided a decline below technical support levels, reversing upward from them. The price rebounded from the MACD indicator line on the daily chart, while

Laurie Bailey 04:40 2025-06-12 UTC+2

USD/JPY Forecast for June 12, 2025

The price correction since May 27 was complex and prolonged, posing a risk of a breakout above 146.11. However, this risk is no longer a concern with the reversal from

Laurie Bailey 04:40 2025-06-12 UTC+2

Bitcoin: Dollar Strength Could Trigger a Downturn in the Crypto Market

Today, the market's main focus will be the release of the U.S. inflation report, which is expected to show not only a halt in the recent decline but the highest

Pati Gani 11:47 2025-06-11 UTC+2

EUR/USD. June 11th. The U.S. and China Agreed on Nothing

On Tuesday, the EUR/USD pair continued to move sideways between the levels of 1.1380 and 1.1454. A new rebound from the 61.8% Fibonacci retracement level at 1.1380 enabled another rise

Samir Klishi 11:12 2025-06-11 UTC+2

GBP/USD. June 11th. UK Unemployment and US Inflation

On the hourly chart, the GBP/USD pair continued its decline on Tuesday, consolidated below the 161.8% Fibonacci level at 1.3520, and rebounded from it from below. Thus, the decline

Samir Klishi 10:56 2025-06-11 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.