• Home
  • Strategies
  • VPS
  • Education
    • Trading Basics
      • Forex Basics
      • Who Trades Forex and Why?
      • Learn to Trade
    • Top Cryptocurrencies
      • What is Cryptocurrency?
      • The Major Cryptocurrencies Traded Globally
      • Cryptocurrency Liquidity
      • Cryptocurrency Trading Strategies
      • Basic Understanding of Bitcoin
      • Basic Understanding of Ethereum and Its Currency Ether
  • About Us
  • Contact
  • FAQ
  • Glossary
BTCUSD Testing the Support at $11,623
August 30, 2020
GBPMXN Finds a Strong Resistance
September 1, 2020

EURMXN Breaks Support at 26.03

Published by TradersColo at September 1, 2020
Categories
  • forex
Tags
  • chart patterns
  • eurmxn
  • technical indicators
  • trend analysis
eurmxn daily chart

EURMXN CHART PRICE – EURMXN DAILY

The Euro broke the support for the second time this week and finished at a higher price than previous breakout which could be a starting point for the pair this week, we see that the Relative Strength Index has maintained almost the same level from previous trading days, we see that the bollinger bands are closing up a bit and the moving averages are coming closer to a cross, the price trades over the ichimoku cloud but we see potential downtrend although the 25.80’s  have become another support level that has been hard to break, the price has been ranging between 26.2 and 25.8 for the last 9 trading sessions.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

Share
1
TradersColo
TradersColo

Related posts

October 9, 2020

GBPMXN Breaks Support at 26.67


Read more
eurmxn-traderscolo
October 9, 2020

EURMXN Tests Resistance at 25.18


Read more
October 8, 2020

USDMXN Continues Downtrend


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search Strategies

Browse by Asset Class

  • commodities
  • cryptocurrency
  • debt
  • energy
  • equities
  • forex
  • indices
  • precious metals

Recent Articles

  • 0
    GBPMXN Breaks Support at 26.67
    October 9, 2020
  • eurmxn-traderscolo0
    EURMXN Tests Resistance at 25.18
    October 9, 2020
  • 0
    USDMXN Continues Downtrend
    October 8, 2020
  • 0
    BTCUSD Low Volatility
    October 8, 2020
  • 0
    ETHUSD Unable To Break Resistance at 351.48
    October 7, 2020
  • 0
    LTCUSD Low Volatility
    October 7, 2020

Follow Us for Real Time Updates From Our Analysts

  • Facebook
  • Instagram
  • Twitter

Cookies

Privacy Policy

Risk Disclosure

Terms of Use

Follow TradersColo

© 2012 - 2021 Traderscolo. All Rights Reserved.