For Traders

Analytical Reviews

Technical analysis

22.04.202117:58 Forex Analysis & Reviews: April 22, 2021 : EUR/USD Intraday technical analysis and trade recommendations.

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

In late February, a recent bullish spike has pursued towards 1.2150 - 1.2200 (backside of the broken channel limit) where bearish rejection was previously anticipated.

Further bearish decline was expected to pursue towards 1.1960 and 1.1850. Both levels got broken to the downside, soon enough to enable further bearish decline afterwards.

Initially, a Short-term sideway movement was demonstrated above 1.1850 enabling a bullish movement to take place towards 1.1970-1.2000 which constituted a prominent Supply Zone.

Shortly after, the EURUSD pair has launched the current bearish decline below 1.1820. Further bearish continuation was expected to pursue towards 1.1690.

Around 1.1690, a high probability bullish trade could be taken, a bullish pullback has been initiated since then.

This recent bullish pullback towards the price zone of 1880 failed to find sufficient SELLERS. That's why, more bullish advancement was demonstrated towards 1.2050.

Currently, failing to apply sufficient bearish pressure around 1.2000, has favoured more bullish movement towards 1.2035.

More bullish advancement is expected to pursue towards 1.2100 - 1.2150 unless the EURUSD returns back below 1.2000 soon enough. If so, his would enhance a quick bearish decline towards 1.1885.

Voltar a lista

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.