Free Bermudian dollar With Euro (BMDEUR(Forex)) Technical Analysis Signals

Overal Signal
Neutral
Signals
Neutral Neutral Neutral Hold
Last Update / Period
06 Dec / Daily
Category/Currency
Forex/EUR
Exchange/Country
FX/--

Bermudian dollar With Euro (BMDEUR(Forex)) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of Bermudian dollar With Euro (BMDEUR(Forex)), considering 256 signals with intricate details. Here are the key findings: 76 signals suggested buy strategies, while 65 indicated sell strategies. The remaining 115 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 20
Sell Signals: 16
Neutral Signals: 28
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 14
Sell Signals: 21
Neutral Signals: 29
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 18
Sell Signals: 17
Neutral Signals: 29
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 24
Sell Signals: 11
Neutral Signals: 29
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 76
Sell Signals: 65
Neutral Signals: 115
Result: This strategy leads to a Neutral position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Bermudian dollar With Euro (BMDEUR(Forex)) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Second Support Level: 0.934
If the first support level is breached, the second support level at 0.934 becomes a critical point. Breaking this level would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 0.907
If the second support level is broken and the price continues to fall, it signals a significant market shift. Remaining below 0.907 would confirm a persistent downward trend, with traders likely targeting this third level as the next key support point.
These support levels should be considered carefully in the context of broader market trends and indicators. Staying alert and consistently analyzing the market will allow you to make informed decisions while trading Bermudian dollar With Euro (BMDEUR(Forex)). Paying attention to these support levels will help you adapt to the dynamic nature of the market and make smarter trading choices. It's crucial to closely monitor these resistance levels and consider them in the context of broader market trends and indicators. To make informed decisions when trading Bermudian dollar With Euro (BMDEUR(Forex)), stay vigilant and continuously analyze the market. Focusing on these resistance levels, along with broader market dynamics, will help you make smarter trading decisions and adapt to the changing market conditions.

Bermudian dollar With Euro (BMDEUR(Forex)) technical analysis chart

Bermudian dollar With Euro (BMDEUR(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 0.938 0.934 0.907 0.897 0.891
 Bermudian dollar With Euro (BMDEUR(Forex)) Support and Resistance area (06 Dec)

Bermudian dollar With Euro (BMDEUR(Forex)) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Bermudian dollar With Euro (BMDEUR(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Dec Neutral NeutralNeutralNeutralHold
2 04 Dec Buy BuyNeutralHoldHold
3 02 Dec Buy NeutralNeutralBuyHold
4 01 Dec Hold HoldNeutralNeutralHold
5 29 Nov Hold HoldNeutralNeutralHold
6 28 Nov Sell SellNeutralHoldHold
7 27 Nov Hold NeutralHoldHoldHold
8 26 Nov Hold NeutralHoldHoldHold
9 25 Nov Hold HoldHoldHoldHold
10 22 Nov Hold HoldHoldHoldHold
11 21 Nov Hold HoldHoldHoldHold
12 20 Nov Hold NeutralHoldHoldHold
13 19 Nov Buy BuyHoldHoldHold
14 18 Nov Hold NeutralHoldHoldHold
15 17 Nov Hold HoldHoldHoldHold
16 15 Nov Hold HoldHoldHoldHold
17 14 Nov Hold HoldHoldHoldHold
18 13 Nov Hold HoldHoldHoldHold
19 12 Nov Hold HoldHoldHoldHold
20 11 Nov Buy HoldHoldBuyHold
21 10 Nov Hold NeutralHoldNeutralHold
22 08 Nov Hold HoldHoldHoldHold
23 07 Nov Hold HoldHoldHoldHold
24 06 Nov Buy BuyBuyBuyBuy
25 05 Nov Hold HoldHoldNeutralNeutral
26 04 Nov Sell HoldSellNeutralNeutral
27 31 Oct Sell SellNeutralNeutralHold
28 30 Oct Hold NeutralNeutralHoldHold
29 29 Oct Buy BuyHoldHoldHold
30 28 Oct Hold NeutralHoldHoldHold

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