empty
 
 
Você está prestes a sair
www.instaforex.eu >
de um site operado pela
INSTANT TRADING EU LTD
Abrir Conta

18.03.202112:45 Forex Analysis & Reviews: Technical analysis recommendations for EUR/USD and GBP/USD on March 18

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.

EUR/USD

Exchange Rates 18.03.2021 analysis

Bullish traders took advantage of the strength of the support level of 1.1886 (weekly Fibo Kijun) and returned the relevance to the resistance levels of 1.1975-9100 (weekly Kijun + daily Fibo Kijun). If the reached resistance levels are broken, it will allow the bulls to further rise. In this case, the nearest pivot point is the area that combined the daily and weekly cross levels (1.2039-64), which will be followed by the daily cloud.

Exchange Rates 18.03.2021 analysis

In the smaller time frames, the analyzed technical tools have moved to the bulls' side, supporting their developing bullish mood. We can note here the intraday upward pivot points, which are the resistances of the classic pivot levels set at 1.2015 - 1.2049 - 1.2114.

In turn, the key support levels are joining forces around 1.1950-37 (central pivot level + weekly long-term trend). A consolidation below which will change the balance of forces on the hourly chart. In this case, the supports of the classic pivot levels (1.1916 - 1.1851 - 1.1817) will be relevant again.

GBP/USD

Exchange Rates 18.03.2021 analysis

The bulls are not giving up their hopes. They continue to interact with the resistances of the Ichimoku daily dead cross using the support and influence of several levels of 1.3904-1.3880 (weekly and daily Ichimoku levels). In the event that the final borders of the cross 1.4007 (Kijun) and 1.4062 (Fibo Kijun) are broken, the daily cross will be cancelled out.

Exchange Rates 18.03.2021 analysis

The current advantage in the smaller time frames belongs to the bulls. The first resistance of the classic pivot levels (1.4002) was already tested. Thus, we can consider the further upward targets located at 1.4046 (R2) and 1.4122 (R3). The breakdown of the key levels, which serve as supports at 1.3926-18 (central pivot level + weekly long-term trend), will shift the current balance of power in the H1 chart. At the same time, it is important to break through the support levels set at 1.3904-1.3880, as well as to update the lows of 1.3808 and 1.3777 in the bigger time frames.

***

Ichimoku Kinko Hyo (9.26.52) and Kijun-sen levels in the higher time frames, as well as classic Pivot Points and Moving Average (120) on the H1 chart are used in the technical analysis of the trading instruments.

Evangelos Poulakis
Analytical expert of InstaForex
© 2007-2024

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.




Agora você está saindo do www.instaforex.eu, um site operado pela INSTANT TRADING EU LTD
Não pode falar agora?
Faça sua pergunta no chat.

Turn "Do Not Track" off