Permanecer 
Condições de Negociações
Ferramentas
To open long positions on EUR / USD, you need:
The breakthrough and consolidation at the level of 1.1570, to which I paid particular attention in my morning review, led to a resumption of growth of the European currency. The main purpose of buyers now is the update of last week's maximum of 1.1609, a breakthrough of which will be an additional signal for opening long positions, with access to the maximums of 1.1648 and 1.1682, where I recommend fixing the profits. If the euro declines in the second half of the day after good data on US retail sales, long positions can be returned after the support test of 1.1570 or to rebound from a week low of 1.1537.
To open short positions on EUR / USD, you need:
Sellers will rely on unsuccessful fixing above the resistance level of 1.1609, and good data on retail sales in the US will lead to a decrease in EUR / USD to the support area of 1.1570, where I recommend fixing the profits. If a quick sell-off after the update of last week's high does not follow, I recommend returning to short positions in euro only to rebound from the resistance level of 1.1648. A break of support at 1.1570 will instantly lead to a decline in the euro to the area of today's low of 1.1537.
Indicator signals:
Moving Averages
The price returned above 30 and 50 average, which indicates a change in market sentiment in favor of buyers, however, to consolidate the result, a 30-day average 50-day crossover is required.
Bollinger bands
Buyers broke above the upper line of the Bollinger Bands indicator, which indicates the presence of large buyers in the market. In the event of a decline in the euro this afternoon, support will be provided by the middle of the channel of 1.1565.
Description of indicators
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.
