eur usd forex technical analysis july 26 forecast EUR/USD Forex Technical Analysis – July 26, Forecast Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the Fibonacci level at

Daniel Dubrovsky Junior Analyst. We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USDJPY prices may continue to rise. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The number of traders net-long is 3. If selling volume increases on the move, we could see a spike into 1.

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EUR/USD Technical Analysis As of this writing, the pair is being traded around On the downside, a support can be noted near , a key horizontal support ahead of , the low of last major downside move and then , the 50% fib level as demonstrated in the given above chart.

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