Para traders

Analytical Reviews

Technical analysis

09.10.202008:56 Forex Analysis & Reviews: Brief trading recommendations for EUR/USD on 10/09/20

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

The EUR/USD pair managed to show local activity yesterday based on a 2-hour stagnation in the borders of 1.1760/1.1780, which resulted in the breakdown of the lower border of 1.1760.

In this case, traders worked on the tactic of breaking a certain limit of the set range, where trading transactions were exclusively a natural short-term.

Regarding the current fluctuation, you can see that the quote returned to the borders of the previously passed range (1.1760/1.1780) after a local surge in activity, where the level of 1.1780 continues to act as a resistance.

Based on the location of the quotes and price levels, a trading forecast can be made according to several likely market development scenarios.

First, a natural rebound.

The coordinate level of 1.1780 continues to act as a resistance, which leads to a rebound in the price and a movement towards 1.1760-1.1740.

Second, a movement towards the main resistance level.

The coordinate 1.1780 being a resistance level is still not very important, since it appeared due to the recent range (1.1760/1.1780). Thus, if the price is consolidated above 1.1785, further growth towards the main resistance level 1.1800/1.1810 can be considered.

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.