Instant account opening
Site map
Български Čeština English Français Deutsch Italiano Polski Português Русский Slovenský Español Nederlands

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Registration is not available for non-EU residents. Please, proceed to the website of the other member of the InstaForex group.
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review
Company does not offer investment advice and the analysis performed does not guarantee results

Exchange Rates 11.04.2019 analysis

Technical outlook:

The EUR/USD pair remains unchanged in terms of the price action for now. Yesterday, the prices dropped sharply to the 1.1230 levels before trading higher again around the 1.1275/80 levels, just below the Fibonacci 0.382 resistance level. Please note that resistance is currently around the 1.1285 levels and the prices are expected to turn lower from here or from the 1.1430/50 levels which are also Fibonacci 0.618 resistance levels. The wave structure also remains unchanged from what has been discussed earlier with Wave 1 being labelled as a drop between the levels of 1.1448 and 1.1181 and Wave 2 labelled at the 1.1380/85 levels, respectively. In adition, please note that Wave 2 could still extend higher towards the 1.1340/50 levels before the prices give in to bears again. It remains clear that until the prices stay below the 1.1448 levels, bears are going to be in control and the prices are expected to push towards the 1.0900 levels going forward.

Trading plan:

Remain short for now and sell more towards the 1.1340/50 levels with the stop at 1.1448, respectively.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Oscar Ton,
Analytical expert
InstaForex Companies Group © 2007-2020
Top up trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55.29% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You are now leaving, a website operated by INSTANT TRADING EU LTD