12.04.202416:04 Forex Analysis & Reviews: Trading Signals for EUR/USD for April 12-15, 2024: buy above 1.0620 (-2/8 Murray - rebound)

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.

The euro is trading around 1.0635 under strong bearish pressure and showing signs of exhaustion. We expect the EUR/USD pair to reach -2/8 Murray located at 1.0620, a level which coincides with the bottom of the downtrend channel and which is seen as good support.

The bears aim to pressure the euro up to 1.0500. We expect that the pair will find strong support around 1.0620 in the next few hours, which could provide an opportunity for a technical rebound. hence, EUR/USD could reach -1/8 Murray located at 1.0681 and the top of the downtrend channel around 1.0742.

After the euro broke the symmetrical triangle in light of the US inflation data, EUR/USD fell below the channel and was trapped, as it could not rebound. So, we observed a continuation of the bearish movement.

The eagle indicator is giving a negative signal. It is expected that there will be a consolidation in the coming days. On the other hand, in case there is a break below 1.0620 and consolidation on the H4 chart, we could expect EUR/USD to sank to the psychological level of 1.05.

Technically, we expect there to be a bounce in the next few hours, so we will look for opportunities to buy above 1.0620. A break above 1.0742 could change the trend of the euro and the price could return to 2/8 Murray at 1.0864.

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.