For Traders

Analytical Reviews

Trading plan

21.03.201910:05 Forex-elemzések és áttekintések: EUR/USD: plan for the European session on March 21. The Fed is not in a rush to raise rates in the future

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 EURUSD you need:

The euro has increased after the Federal Reserve's statement from yesterday and that they are not in a hurry to raise interest rates. A new upward trend is formed. At the moment, the sellers' task is to return to the resistance of 1.1430, which will lead to the resumption of euro growth with a test of highs around 1.1459 and 1.1487, where I recommend taking profits. In the scenario that the pair declines in the first half of the day, long positions can be returned to rebound from a large support of 1.1396, where the moving averages will be tightened by the time of the decline. In case of a larger fall, you can buy EUR/USD on the rebound from 1.1348.

To open short positions on EURUSD it is required:

Sellers need to form a false breakthrough in the resistance area of 1.1430 which will be the first signal for opening short positions with the aim of a decline towards the support area of 1.1396, where I recommend to take profit. However, the main task of the bears will be to break and consolidate below the area of 1.1396, which will lead to a larger sale in the area of a low of 1.1348. In case of further growth in the trend above the resistance of 1.1430, you can look at short positions after updating the high of 1.1459, but it is best to sell on a rebound from 1.1487.

Indicator signals:

Moving averages

Trade is conducted above the 30-day and 50-day moving average, which indicates the bullish nature of the market. By reducing the euro you can buy on the rebound from the 50-day moving average.

Bollinger bands

The growth of the euro will be limited to the upper limit of the Bollinger Bands indicator in the area of 1.1470, from where you can sell the euro immediately to rebound. The average border in the 1.1400 area may limit the downward correction.

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.