EUR/RUB – Currency exchange rate forecast 06.06.2019: the downside prevails as long as 73.380 is resistance

EUR/RUB - Currency exchange rate forecast 06.06.2019: the downside prevails as long as 73.380 is resistance

The configuration is negative.

73.380 is our pivot point.

Our preference: the downside prevails as long as 73.380 is resistance.

Alternative scenario: the upside breakout of 73.380, would call for 73.580 and 73.690.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 73.286 and 73.318).

Supports and resistances:

73.690 **

73.580 *

73.380 **

73.300

73.209 last

72.970

72.850 **

72.730 *

72.610 **

EUR/USD – Currency exchange rate forecast 10.05.2019: the downside prevails as long as 73.330 is resistance

EUR/USD - Currency exchange rate forecast 10.05.2019: the downside prevails as long as 73.330 is resistance

Alternative scenario: the upside breakout of 73.330 would call for 73.530 and 73.650.

Our pivot point stands at 73.330.

Our preference: the downside prevails as long as 73.330 is resistance.

Alternative scenario: above 73.330, look for 73.530 and 73.650.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 73.198 and 73.222).

Supports and resistances:

73.650 **

73.530 *

73.330 **

73.260

73.176 last

72.920

72.810 **

72.690 *

72.570 **