Rimani 
Condizioni di trading
Strumenti
4h
The EUR / USD pair on the 4-hour chart reversed in favor of the US currency and returned to the correction level of 76.4% - 1.1675 after the bearish divergence of the CCI indicator. Quit on August 29 from the Fibo level of 76.4% will allow traders to expect a turn in favor of the EU currency and resumption of growth towards the corrective level of 100.0% - 1.1791. The consolidation of the pair's rate below the Fibo level of 76.4% will increase the chances of the pair to further fall in the direction of the next correction level of 61.8% to 1.1605.
The Fibo grid is built on extremes from July 9, 2018 and August 15, 2018.
Daily
On the 24-hour chart, the pair continues the growth process towards the correctional level of 76.4% - 1.1789. The breakdown of the pair from the correction level of 76.4% will allow us to count on a reversal in favor of the US dollar and a slight drop towards the Fibo level of 100.0% - 1.1553. Brewing divergences in this chart are not observed in any indicator. The closing of quotes above the correction level of 76.4% will work in favor of further growth of the pair in the direction of the next level Fibo 61.8% - 1.1938.
The Fibo grid is built on extremes from November 7, 2017 and February 16, 2018.
Recommendations for traders:
Purchases of the EUR / USD pair will be possible with the target of 1,1791 with a stop loss order under the Fibo level of 76.4% if the pair retires from the correction level of 1.1675.
Sales of the EUR / USD pair will be possible with the target of 1,1605 if the pair completes the closing under the Fibo level of 76.4%, with a Stop Loss order above 1.1675.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
