Condiciones de negociación
Products
Herramientas
The pair traded upward on Wednesday, and tested 1.3836 - the 61.8% retracement level (yellow dotted line), closing the daily candle at 1.3836. Today, the price may move downward. News is expected at 12:30 UTC (dollar).
Trend analysis (Fig. 1).
The market may move downward from the level of 1.3836 (closing of yesterday's daily candle) to the target of 1.3791 - the 50.0% retracement level (yellow dashed line). When testing this level, the price may begin to move upward with the target of 1.3891 - the 76.4% retracement level (yellow dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger lines - down;
- Weekly chart - up.
General conclusion:
Today, the price may move downward from the level of 1.3836 (closing of yesterday's daily candle) to the target of 1.3791 - the 50.0% retracement level (yellow dashed line). When testing this level, the price may begin to move upward with the target of 1.3891 - the 76.4% retracement level (yellow dashed line).
Alternative scenario: the price may move downward from the level of 1.3836 (closing of yesterday's daily candle) to the target of 1.3791 - the 50.0% retracement level (yellow dashed line). When testing this level, the price may continue to move downward with the target of 1.3769 - the support line (yellow bold line), where an upward pullback is expected.
¡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.