Personal offer with profitability from +100%
More details

Euro dollar EUR / USD forecast for tomorrow 12/29/2020, analytics and trading signals

Forecast for the dollar (EUR / USD) for tomorrow, December 29, 2020. At the time of writing the forecast for the euro dollar for tomorrow, the quotes of the currency pair are at the level of 1.2220.

The movement of the euro is multidirectional, the price is in a narrowing triangle with a gradually damping amplitude. However, if we look at the location of the Eurodollar price in relation to the Ichimoku cloud, we see that it is higher than the cloud. Which suggests that the short-term trend for the euro-dollar is still upward.

The support level is the upper border of the Ichimoku Kinko Hyo cloud at the level of 1.2200. The resistance level is 1.2250. This is the top border of the tapering triangle.

Euro dollar EUR / USD forecast for tomorrow

The EUR-USD forecast for 12/29/2020 assumes an upward movement in order to test the resistance level of 1.2250. If the EUR / USD price fixes above this level, the next target for the trend is 1.2300.

If the Ichimoku cloud breaks down, the next support level will be 1.2160.

Thus, the forecast for the euro dollar for December 29 assumes a short-term upward movement in order to test the resistance level of 1.2250.


Leave a Reply

Your email address will not be published.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

Online charts

Forex charts

Cryptocurrency charts

Exchange commodities

Stock indices

Forex brokers rating


Popular posts

[wpp header_start='

' header_end='

' range='last7days' thumbnail_width=150 thumbnail_height=90 stats_views=0 limit=5 order_by='views']

Last notes

Popular tags


Recent Comments


    Real-time charts and quotes: Forex currency pairs, cryptocurrencies, stock charts, online commodity charts. Forecasts for tomorrow. If you want to know the forecast of the cost of cryptocurrency for tomorrow, for the week ahead - follow our forecasts, subscribe to the telegram channel. By using the site, you agree to the terms of our User Agreement. Any use of site materials without the written permission of the administration is prohibited. In case of violation of these requirements, the site administration reserves the right to protection in accordance with applicable law.
    The fact of opening positions in financial markets is not a guarantee of profit. You may not only earn nothing, but also lose money. The site owner is not responsible for the results of your decisions. We only provide you with information (for comparison and objective decision-making) about the prospects for changing the rates of a particular financial instrument, you make the final choice yourself. The content of the site is for informational and reference purposes only and is not a recommendation or offer.
    © 2021 Copying of site materials is prohibited.