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

15.06.201801:21 Forex Analysis & Reviews: Trading plan for the US session on June 14 for the EUR/USD

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.

To open long positions on EURUSD it is required:

Buyers came out on the morning resistance, and now support for the pair is at 1.1810 area. However, much will depend on the statements made by the ECB in the afternoon. Breakout of resistance 1.1851 will lead the euro to new highs in the area of 1.1886 and 1.1923, where it is recommended recording profits. In the case of a decline under the level of 1.1810 in the afternoon, you can return to buying on a false breakout in the area of 1.1770, or on a rebound from 1.1730.

To open short positions on EURUSD it is required:

Failure to rise above the resistance of 1.1851 with a return to this level will be the first signal for the opening of short positions in euros with the main goal of return and consolidation below support 1.1810, which will lead to the formation of a larger downward wave to 1.1770 and 1.1730, where it is recommended recording profits. In the case of growth above the level of 1.1851, consider the new short positions for the euro best from a high of 1.1886 and 1.1923.

Exchange Rates 15.06.2018 analysis

Description of indicators

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