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Technical Analysis EURUSD : 2021-01-15

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Trade surplus in euro-zone declined less than expected in November: the Eurostat reported trade surplus declined to 25.1 billion euro from 25.2 billion in October when 22.3 billion surplus was forecast. This is bullish for EURUSD. However, the current forecast is bearish for EURUSD.

IndicatorVALUESignal
RSINeutral
MACDSell
Donchian ChannelSell
MA(200)Sell
FractalsSell
Parabolic SARSell

Summary of technical analysis

OrderSell
Buy stop Below 1.2117
Stop loss Above 1.2154

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