Forecast for EUR/USD on January 6, 2021


Yesterday, the Bank of China raised the official rate of the yuan to 6.4760, which prevented the dollar from developing an offensive. The change, however, is not significant, a slight correction to the pre-New Year rate, which was 6.5240, that is, by 0.735%. On the euro, the news materialized in the form of a more pronounced double divergence and a weak triple divergence. The 1.2330 target level has been practically fulfilled. The market absorbed this information from China, now we are waiting for the euro to fall to support the MACD line to the 1.2040 area.

A double price divergence has also formed with the Marlin oscillator on the four-hour chart. A signal for a pronounced fall is when the price settles below the MACD line, below 1.2257.

0 views0 comments

Recent Posts

See All



Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.


Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with