Condizioni di trading
Strumenti
4h
The EUR / USD currency pair reversed in favor of the US currency around the correctional level of 76.4% - 1.1422 and began the process of falling in the direction of the correction level of 100.0% - 1.1303. Overlapping divergences on November 5th are not observed in any indicator. Fixing the pair above the Fibo level of 76.4% will work in favor of the European currency and resumption of growth in the direction of the correctional level of 61.8% - 1.1497.
The Fibo grid is built on extremes from August 15, 2018, and September 24, 2018.
Daily
On the 24-hour chart, the currency pair reversed in favor of the EU currency around the correction level of 127.2% - 1.1285. Thus, the growth process can be continued in the direction of the Fibo level of 100.0% - 1.1553. Over the current chart, no indicator has maturing divergences. Fixing a pair of quotes under the correction level of 127.2% will increase the chances of the pair to resume falling in the direction of the correction level of 161.8% - 1.0941.
The Fibo grid is built on extremums from November 7, 2017, and February 16, 2018.
Recommendations to traders:
New purchases of the EUR / USD currency pair can be made with the target of 1.1497 and a Stop Loss order below the Fibo level of 76.4% if the pair closes above the correction level of 1.1422.
Sales of the EUR / USD currency pair can be made with the goal of 1.1303 with a Stop Loss order above the Fibo level of 76.4%, as the pair completed closing below the correction level of 1.1422.
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.