EURDZD NEWS why is Euro Dollar / Algerian Dinar price falling or rising

EURDZD NEWS reasons for why stock price of Euro Dollar / Algerian Dinar is falling or rising

EURDZD Euro Dollar is falling or rising technical reasons

Technical analysis forecast for Euro Dollar Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Euro Dollar EURDZD at this time. Stock is falling and might fall more.

It appears as if Euro Dollar EURDZD gave a large move recently.

Stock of Euro Dollar (EURDZD) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Euro Dollar is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Euro Dollar stays below 141, but if it comes above 141, then a intra day buy could be more profitable.
If you take a sell trade below 141, then use 141 as stoploss and 139 as target. However if you take a buy trade in Euro Dollar, then use 141 as stoploss and 142.64 as target.

EURDZD Euro Dollar is falling or rising NEWS fundamental reasons

More announcements and NEWS

EURDZD Euro Dollar / Algerian Dinar current price & indicator signals

Moving Averages for Euro Dollar / Algerian Dinar

  • 5Day Average: 140.96
  • 12Day Average: 141.92
  • 20Day Average: 143.02
  • 50Day Average: 144.99
  • 100Day Average: 145.93
  • 150Day Average: 145.6
  • 200Day Average: 145.58

EURDZD Indicators & signals

Indicator MACD (12,26,9)

141.86, 143.12, -1.08
Indicator MACD is in negative zone

Indicator ADX (14)

57.58, 14.89, 55.32
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of EURDZD Euro Dollar / Algerian Dinar are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 140.78900 140.77900 to 140.79300 0% 0 times
20 Wed Nov 2024 140.78900 140.78900 to 141.13400 -0.16% 0 times
19 Tue Nov 2024 141.01500 140.91700 to 141.23200 -0.12% 0 times
18 Mon Nov 2024 141.18700 140.96200 to 141.18700 0.12% 0 times
15 Fri Nov 2024 141.01100 140.64500 to 141.22600 0.26% 0 times
14 Thu Nov 2024 140.64500 140.61100 to 142.01400 -0.96% 0 times
13 Wed Nov 2024 142.01400 141.67400 to 142.33600 0.24% 0 times
12 Tue Nov 2024 141.67900 141.65600 to 142.72100 -0.73% 0 times
11 Mon Nov 2024 142.72100 142.69200 to 143.68700 -0.71% 0 times
08 Fri Nov 2024 143.74800 143.74800 to 143.97400 -0.16% 0 times
07 Thu Nov 2024 143.97400 143.40900 to 143.97400 0.38% 0 times
06 Wed Nov 2024 143.42800 143.37600 to 145.22900 -1.24% 0 times

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EURDZD NEWS why is Euro Dollar / Algerian Dinar price falling or rising

 

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