empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

14.01.201913:53 Forex Analysis & Reviews: EUR/USD analysis for January 14, 2019

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 14.01.2019 analysis

Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1450. Anyway, according to the M30 time – frame, I have found that there is a fake breakout of the support cluster at the price of 1.1455, which is a sign that selling looks very risky at this stage. I also found hidden bullish divergence on the stochastic oscillator, which is another sign of potential strength. My advice is to watch for buying opportunities. The upward target is set at the price of 1.1534.

Petar Jacimovic
Analytical expert of InstaForex
© 2007-2024

Open 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.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off