13.12.202112:57 Forex Analysis & Reviews: Trading plan for EURUSD for December 13, 2021

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.

Technical outlook:

EURUSD has again slipped below the 1.1300 handle reaching potential support zone around 1.1260-70 at the time of writing. The single currency might be preparing to break above 1.1383 mark soon. Bottom line remains 1.1186 low, which should hold well for bulls to stay in control. Intraday support is seen around 1.1260-65 mark as prices retrace.

EURUSD has carved a meaningful boundary between 1.1186 and 1.1383 levels during November last week. Prices are consolidating within the boundary since then. Immediate interim support is at 1.1227, followed by 1.1186 while short term resistance is at 1.1354, followed by 1.1383 respectively. A push above 1.1383 will be encouraging for bulls as they prepare for the next resistance around 1.1690.

On the flip side, a drop below 1.1186 would confirm that bears are still inclined to test 1.1160 and 1.1100 mark before finding support again. EURUSD bulls remain determined for now to hold above 1.1186 interim support keeping bullish bias intact.

Trading plan:

Potential rally toward 1.1690, against 1.1186.

Good luck!

Back to the list

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.