Condiciones de negociación
Products
Herramientas
Trend analysis (Fig. 1).
The pound-dollar pair may move downward from the level of 1.2198 (close of yesterday's daily candle) to the target of 1.2166, the 23.6% retracement level (blue dotted line). After testing this level, the price may continue to move downward with the target of 1.2119, the 21-period EMA (thin black line). Upon reaching this level, an upward movement is possible to the upper fractal at 1.2275 (daily candle from 08/10/2022).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move downward from the level of 1.2198 (close of yesterday's daily candle) to the target of 1.2166, the 23.6% retracement level (blue dotted line). After testing this level, the price may continue to move downward with the target of 1.2119, the 21-period EMA (thin black line). Upon reaching this level, an upward movement is possible to the upper fractal at 1.2275 (daily candle from 08/10/2022).
Alternative scenario: from the level of 1.2198 (close of yesterday's daily candle), the price may move downward to 1.2166, the 23.6% retracement level (blue dotted line), and then move up to the upper fractal at 1.2275 (daily candle from 08/10/2022 ). After testing this level, the price may continue to move up.
¡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.