08.02.202416:14 Forex-elemzések és áttekintések: Trading Signals for EUR/USD on February 8-10, 2024: buy above 1.0740 (21 SMA - 0/8 Murray)

Ezeket az információkat marketingkommunikációnk részeként küldjük el lakossági és professzionális ügyfeleink számára. Nem tartalmaznak és nem tekintendők befektetési tanácsnak vagy javaslatnak, sem bármilyen pénzügyi instrumentummal való tranzakcióra vagy kereskedési stratégia használatára irányuló ajánlatnak vagy felkérésnek. A korábbi teljesítmény nem garantálja vagy jósolja meg a jövőbenit. Az Instant Trading EU Ltd. nem képviseli vagy garantálja a szolgáltatott információk pontosságát vagy teljességét, illetve nem felelős bármely, az elemzéseken, előrejelzéseken vagy a Vállalat munkatársa által adott információkon alapuló befektetések esetleges veszteségéért. A teljes felelősségkizárás itt található.

Early in the American session, the EUR/USD pair is trading around 1.0754, falling after covering the GAP left at 1.0787 and having found resistance below 1.08. Today the Euro is approaching an important support located around 0/8 Murray at 1.0742 and could stop its fall. It is a matter of time when exactly the pair reacts in this area.

If the euro finds a bottom around 1.0740, it is expected to resume its bullish cycle and gain bullish momentum. Only a technical rebound above this area could cause the euro to reach 1.0790, and 1.0826 and finally, approach the 200 EMA at 1.0859.

On the other hand, if the bearish force persists, the euro is expected to continue its fall. Only in case the EUR breaks below 1.0742, the outlook will turn negative. So, the instrument could reach the low of February 5 around 1.0720 and could even find good support around -1/8 Murray located at 1.0681.

Since February 5, the eagle indicator on H4 charts has been giving a positive signal and this decline could be seen as an opportunity to buy. If the euro remains above the 61.8% Fibonacci (1.0740), it will give the pair new bullish momentum and the price could reach the resistance level of 1.0864 (4/8 Murray) in the coming days.

Our strategy for the next few hours will be to wait for the euro to consolidate around 1.0742 to buy with the target at 1.0859. In case the euro breaks this area, we have to incur losses or we could change strategy and sell below this level.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.