Para traders

Analytical Reviews

Technical analysis

30.03.202308:27 Forex Analysis & Reviews: Technical Analysis of EUR/USD for March 30, 2023

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 Market Outlook:

The EUR/USD pair has tried to bounce higher and break through the last swing high at the level of 1.0930, but bulls were rejected from the intraday technical resistance seen at 1.0868. The local high was made at the level of 1.872. In a case of failure to break above the intraday technical resistance level and the continuation of the corrective cycle to the downside, the next target for bears is seen at the level of 1.0676 (61% Fibonacci retracement level) and 1.0691 (100 MA). The intraday technical resistance is located at 1.0817 and the intraday technical support is seen at 1.0714. The weak and negative momentum on H4 time frame chart supports the short term bearish outlook for Euro.

Weekly Pivot Points:

WR3 - 1.08061

WR2 - 1.07861

WR1 - 1.0775

Weekly Pivot - 1.07661

WS1 - 1.0755

WS2 - 1.07461

WS3 - 1.07261

Trading Outlook:

Since the beginning of October 2022 the EUR/USD is in the corrective cycle to the upside, but the main, long-term trend remains bearish. This corrective cycle might had been terminated at the level of 1.1033 which is 50% Fibonacci retracement level. The EUR had made a new multi-decade low at the level of 0.9538, so as long as the USD is being bought all across the board, the down trend will continue towards the new lows.

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.