EURHKD | Euro (EUR) to Hong Kong Dollar (HKD) Rate in the Forex market

The Eagle indicator is showing a positive signal. So, there could be opportunities to buy within the symmetrical triangle pattern above 1.1770 and 1.1760 with targets at 1.1840 and 1.1962...

If the euro consolidates above the 200 EMA, EUR/USD should consolidate, and we can expect a recovery in the coming days. The instrument may reach 1.1840 and even the 6/8...

If the euro consolidates above 1.1801 in the coming hours. This could be seen as a positive sign, and the euro could reach the 5/8 Murray around 1.1840 and could...

EUR/USD is trading around 1.1827, below the 21 SMA located around 1.1861, and retreating after being rejected off strong resistance around the 50% Fibonacci retracement level. The euro is expected...

Given that the euro is under downward pressure, if a pullback towards the upper band of the downtrend channel occurs in the coming hours, it will be seen...

EUR/USD is trading around 1.1905 within the uptrend channel formed since early February. We can see that the euro is consolidating around 1.1900 and is likely to reach 6/8 Murray...

The Eagle indicator is showing a negative signal, so we could expect a strong resistance zone below the 6/8 Murray to sell the euro with targets at the 5/8 Murray...

Our strategy for the coming hours is to wait for the euro to reach the 61.8% Fibonacci level to resume short trading, with a target at the 5/8 Murray located...

If the euro encounters strong rejection below the 5/8 Murray, it will be seen as an opportunity to open short positions with targets at the 4/8 Murray located at 1.1718...

A sharp break of the uptrend channel and consolidation above 1.1840 could be seen as a clear signal to buy with targets at 1.1962, where the 6/8 Murray is located...