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

Company does not offer investment advice and the analysis performed does not guarantee results

EURUSD is bouncing off channel support. Price continues to respect recent lows. There is no interruption in the higher highs and higher lows sequence yet. As long as this sequence is confirmed, we remain bullish.

Exchange Rates 13.01.2020 analysis

Red rectangle -resistance area

Blue rectangle - horizontal support

Green lines- bullish channel

EURUSD is bouncing off 1.11. Bulls need to recapture the 1.1170-1.1190 resistance area in order to hope for a move towards 1.13-1.14. Short-term trend remains bullish as long as price is above 1.1085. Short-term resistance is also found at 1.1205. Breaking above this level will increase the chances of seeing 1.13 and higher.The RSI is not overbought and with a slight upward trend. All this indicates that a move higher is more probable.

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

Performed by Alexandros Yfantis,
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 www.instaforex.eu, a website operated by INSTANT TRADING EU LTD