Thursday, 29 May 2014

Technical analysis of EUR pairs for May 30, 2014 Trend News

EUR/USD


EURUSDWeekly.png

The pair is heading towards the crucial support at 50-week SMA at 1.35-1.3525, a break below this set gates open for 1.34 and 1.32. In the daily chart momentum oscillators are making positive divergence, hope the pair priced the action on the ECB decisions.


EUR/JPY


EURJPYWeekly.png

The pair has support at 137.70 below this it will fall to 136.70 (50-week SMA). If it breaks below 136.7, it will fall to 135 and 134.30 levels.


EUR/CHF


1401426809_EURCHFDaily.png

The pair is trading at 1.2211, yesterday's low was very crucial for this pair. If it closes below 1.2199, then it will fall to 1.2160 and 1.2140 levels.


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