empty
 
 
Stai per lasciare
www.instaforex.eu >
il sito gestito da
INSTANT TRADING EU LTD
Apri un conto

23.10.202011:44 Forex Analysis & Reviews: Technical recommendations for EUR/USD and GBP/USD on October 23

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

EUR / USD

Exchange Rates 23.10.2020 analysis

A rebound was formed from the reached resistance levels of 1.1850-67 (target for the breakdown of the H4 cloud + day cloud) due to the decline. As a result, the pair tested the support levels led by the daily short-term trend (1.1784). Moreover, the support zone is now quite broad, consisting of a weekly short-term trend (1.1811) and a daily Ichimoku cross (1.1784-46-15). Now, in case that the bulls manage to close the week above the indicated supports today, they will level out bears' achievements yesterday and return to fight for the encountered resistance levels.

Exchange Rates 23.10.2020 analysis

In the smaller time frame, the key support level which is now located at 1.1799 (weekly long term trend) was tested by the current downward trend. The level continues to defend the interest of the bullish traders. At the same time, we can note the important stages for the recovery of bullish positions – 1.1832 (central pivot level) and 1.1881 (maximum extreme). The breakdown of support at 1.1799 and the reversal of moving averages will change the balance of power in the lower halves and then lead to the confirmation of the rebound of the larger time frames and increase the potential for its implementation. Today, other intraday support levels are located at 1.1776 (S2) and 1.1740 (S3).

GBP / USD

Exchange Rates 23.10.2020 analysis

The growth of the pair stopped. If the current week closes below the level of 1.3076 (weekly short-term trend) and returns to the daily cloud, it will contribute to the pound's decline to the middle part of the area: 1.2943-25 (weekly Fibo Kijun + daily Kijun). Meanwhile, there is a cluster of other supports at 1.3018 (daily Tenkan) and 1.2980 (lower limit of the daily cloud), before heading to the supports at 1.2943-25, so a decline and consolidation below which will favor the further strengthening of bearish moods.

If the support levels manage to cope and the bulls maintain their position in the bullish zone relative to the daily cloud and above the weekly Tenkan (1.3076), then we can expect growth. The upward targets are still located at 1.32 (historic level) and 1.3350 (lower limit of the monthly cloud).

Exchange Rates 23.10.2020 analysis

The pair continues to work in a downward correction. The key levels in the smaller time frames today are located at 1.3100 (central pivot level) and 1.3013 (weekly long-term trend). Now, a consolidation above will increase the chances of further recovery of bulls' positions, whose main task is to recover the upward trend. On the other hand, breaking through the supports at 1.3100 - 1.3013 and a reliable consolidation below will change the balance of power, while further prospects will depend on the breakdown of support levels in the larger TFs.

Ichimoku Kinko Hyo (9.26.52), Pivot Points (classical), Moving Average (120)

Eseguito da Evangelos Poulakis
Esperto analista di InstaForex
© 2007-2024

Apri un conto di trading

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.




Stai per lasciare www.instaforex.eu, il sito Web gestito da INSTANT TRADING EU LTD
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.

Turn "Do Not Track" off