27.09.202207:30 Forex Analysis & Reviews: Trading plan for EURUSD on September 27, 2022

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.

Technical outlook:

EURUSD dropped below the 0.9600 handle during the New York session on Monday before finding support around 0.9580. The single currency pair has bounced back and is seen to be trading close to 0.9640 at this time of writing. We cannot rule out the possibility of yet another low below 0.9552 but the probability remains for the bulls to take control soon.

EURUSD seems to have carved a meaningful low at 0.9552 on Monday and a break above 1.0200 in the near term will confirm it. Please note that 1.0200 is initial resistance and that the bulls are eyeing that mark in the next few trading sessions. The much-awaited counter-trend rally is expected to gather pace thereafter and push the price through 1.0600 in the next several weeks.

A major Fibonacci extension has been hit around 0.9698 as projected on the daily chart here. A high probability remains for a bullish reversal from current levels. The bottom line remains for the bulls to hold prices above 0.9552 interim support/low to keep the near-term structure valid. We should watch for a potential Engulfing Bullish reversal pattern on the daily chart for further confirmation.

Trading plan:

Preparing for a bullish reversal against 0.9500

Good luck!

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.