EUR/USD analysis for June 24, 2022 - Rising channel still holding

WTI Oil Shows Signs of Short-Term Uptrend Amid Medium-Term Uptrend Phase

Relevance up to 14:00 2022-06-25 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Technical analysis:

EUR/USD has been trading sideways at the price of 1.0524 but there is still rising channel in the background. Buying opportunities are preferable. Trading recommendation: Due to the rising channel and no breakout, I see potential for further rise. Watch for potential buying opportunities on the intraday dips... Upside objective is set at the priceo f 1.0590 Support is set at the price of 1.0480

 

 

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WTI Oil Shows Signs of Short-Term Uptrend Amid Medium-Term Uptrend Phase

InstaForex Analysis

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