empty
 
 
Chystáte sa opustiť
www.instaforex.eu >
webovú stránku, ktorú prevádzkuje
INSTANT TRADING EU LTD
Otvoriť účet

20.05.202011:39 Forex Analysis & Reviews: Technical analysis recommendations for EUR/USD and GBP/USD on May 20

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

EUR / USD

Exchange Rates 20.05.2020 analysis

Players on the rise continued to rise yesterday and met resistance of 1.0965 - 85 (the lower border of the daily cloud + weekly Fibo Kijun). This area of resistance is particularly important, since it has stopped players from rising more than once recently, so a breakdown of resistance and a reliable consolidation above will serve as a good strengthening of bullish positions. The next upward direction in this case will be 1.1067-88 (the upper border of the daily cloud + weekly Kijun and Senkou Span A + monthly Tenkan). Key support, which is responsible for the advantage of players to increase at the current stage of movement, also remains in their places today, that is, at 1.0893 - 73 (weekly Tenkan + day cross).

Exchange Rates 20.05.2020 analysis

Due to the support of all the analyzed technical instruments in the lower halves, advantages belong to the players to increase. When the trend movement is restored, the resistance within the day will be the resistance of the classic Pivot levels 1.1007 (R2) and 1.1039 (R3). At the moment, on H1, the pair is in the downward correction zone. The first strengthening of the bearish mood will be the loss of support for the central Pivot level (1.0933). Further, the weekly long-term trend (1.0856) will become the main pivot point for the development of the correctional decline, and now, the nearest support in this direction can be noted today at 1.0891 (S1).

GBP / USD

Exchange Rates 20.05.2020 analysis

Players to increase closed the last day above the weekly Fibo Kijun (1.2214). Perhaps, they would be more productive, but the implementation of the further rise rests on the accumulation of strong enough resistances, consisting of a day cross (1.2269 Tenkan + 1.2357 Kijun) and a day cloud Ichimoku (1.2305). Without breaking through these resistances, it is useless to dream of further strengthening of the bulls and the appearance of new prospects. In the case of the formation of rebound from the encountered resistance, bearish pivot points remain at 1.2047 - 1.1970.

Exchange Rates 20.05.2020 analysis

Technical indicators insist on the development of correctional decline, nevertheless, the interests of players to increase are now defending the key support of the lower halves of 1.2242 (central pivot level) and 1.2202 (weekly long-term trend). After managing to keep support and update the maximum, players on increase can return to work with the resistance of the higher halves. The loss of support can delay the development of the situation, and will most likely lead to uncertainty than to the strengthening of bears.

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

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.




Teraz opúšťate stránku www.instaforex.eu, ktorá patrí spoločnosti INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off