Condiciones de negociación
Products
Herramientas
Trend analysis
EUR/USD may continue moving upward this week, rising from 1.0887 (closing price of the last weekly candle) to the 61.8% retracement level of 1.0969 (red dashed line). Upon testing this level, the pair will move further up towards the 76.4% retracement level of 1.1034 (red dashed line).
Fig. 1 (weekly chart)
Comprehensive analysis:
Indicator analysis - upward
Fibonacci levels - upward
Volumes - upward
Candlestick analysis - upward
Trend analysis - upward
Bollinger bands - upward
Monthly chart - upward
Conclusion: The indicators point to an upward movement in EUR/USD.
Overall conclusion: The pair will have a bullish trend, with no first lower shadow on the weekly white candle (Monday - upward) and no second upper shadow (Friday - upward).
Therefore, during the week, euro will climb from 1.0887 (closing price of the last weekly candle) to the 61.8% retracement level of 1.0969 (red dashed line), followed by a further rise to the 76.4% retracement level of 1.1034 (red dashed line).
Alternatively, it could increase from 1.0887 (closing price of the last weekly candle) to the 61.8% retracement level of 1.0969 (red dashed line), and then retreat downwards.
¡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.