Zostať 
Podmienky obchodovania
Nástroje
To open long positions on EUR / USD, you need:
For euro buyers, in order to maintain the upward trend, it is necessary to break and consolidate above the resistance level of 1.1535, which will allow us to expect continued growth, reaching last week's highs in the area of 1.1573 and 1.1605, where I recommend fixing the profits. The absence of important fundamental statistics today can allow the bulls to reach these levels. In the case of EUR / USD decline in the first half of the day, long positions can be returned on a false breakdown from 1.1510 or to rebound from a minimum of 1.1487.
To open short positions on EUR / USD, you need:
Euro sellers are required to form a false breakdown and return to Friday's resistance level of 1.1535, which will lead to renewed pressure on the euro and decrease in the area to support 1.1510. The main goal will be to update a larger level of 1.1487, where I recommend fixing the profits. In the case of growth above the resistance of 1.1535 in the first half of the day, you can sell the euro to rebound from a maximum of 1.1573.
Indicator signals:
Moving Averages
Trade has moved above the moving average, and 30 MA crosses 50 MA upwards, indicating a change in the short-term trend from the downward trend to the upward one.
Bollinger bands
The upper limit of the Bollinger Bands indicator around 1.1540 may limit the upward potential in euros. The average border is at 1.1510, and its test will be a good signal to buy euros.
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.
