05.11.201816:55 Forex-elemzések és áttekintések: EUR / USD: plan for the US session on November 5. Will there be enough strength for euro buyers to continue the trend?

Long-term review

Ezeket az információkat marketingkommunikációnk részeként küldjük el lakossági és professzionális ügyfeleink számára. Nem tartalmaznak és nem tekintendők befektetési tanácsnak vagy javaslatnak, sem bármilyen pénzügyi instrumentummal való tranzakcióra vagy kereskedési stratégia használatára irányuló ajánlatnak vagy felkérésnek. A korábbi teljesítmény nem garantálja vagy jósolja meg a jövőbenit. Az Instant Trading EU Ltd. nem képviseli vagy garantálja a szolgáltatott információk pontosságát vagy teljességét, illetve nem felelős bármely, az elemzéseken, előrejelzéseken vagy a Vállalat munkatársa által adott információkon alapuló befektetések esetleges veszteségéért. A teljes felelősségkizárás itt található.

To open long positions on EUR / USD, you need:

Buyers failed to get out of the resistance range of 1.1408 in the first half of the day, and it seems that they are about to give up support 1.1373. Only the formation of a false breakdown at this level will be a signal to buy euros. The main goal remains the breakthrough and consolidation above the resistance of 1.1408, which will lead to another wave of growth of EUR / USD with access to the highs of 1.1453 and 1.1516, where I recommend fixing the profits. In the event of a decline in the euro below the level of 1.1373, it is best to return to long positions to rebound from a minimum of 1.1340.

To open short positions on EUR / USD you need:

Breakthrough and consolidation below the important support level of 1.1373 will help to resume the downward trend in the euro and break through the lower limit of the upward channel, which will lead to the updating of last week's lows around 1.1340 and 1.1304, where I recommend fixing profits. If the euro rises above the resistance level of 1.1408 in the second half of the day, sales can be returned to rebound from 1.1453.

Indicator signals:

Moving Averages

Trade is conducted below the 30- and 50-day average, which indicates an attempt by bears to return to the market.

Bollinger bands

The lower limit of the Bollinger Bands indicator coincides with the support around 1.1373, and its breakdown will be an additional signal for opening short positions in the euro.

Description of indicators

MA (moving average) 50 days - yellow
MA (moving average) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20

Back to the list

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.