empty
 
 
Stai per lasciare
www.instaforex.eu >
il sito gestito da
INSTANT TRADING EU LTD
Apri un conto

31.05.202216:04 Forex Analysis & Reviews: EUR/USD Technical Analysis and Trading Tips on May 31, 2022

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

Exchange Rates 31.05.2022 analysis

The dollar has been strengthening since the opening of today's trading day, and the EUR/USD pair has been declining accordingly. The new driver of the EUR/USD decline was today's statistics, published at the beginning of the European trading session, according to which the consumer price index (CPI) for the eurozone rose in May by +8.1% (in annual terms), which turned out to be higher than the forecast for growth by +7.7% and the previous value of +7.4%. The annual core CPI also rose stronger than the forecast and the previous value of +3.5%. Thus, inflation in the eurozone is accelerating, renewing record highs and forcing ECB leaders to accelerate decision-making to curb it.

Exchange Rates 31.05.2022 analysis

At the time of writing this article, EUR/USD is trading near 1.0720, 57 pips below today's opening price. The price found support at 1.0740 (50 EMA on the daily chart).

Exchange Rates 31.05.2022 analysis

If the EUR/USD decline continues, then a breakdown of the support level of 1.0677 (200 EMA on the 4-hour and 1-hour charts) will open its way deep into the descending channels on the daily and weekly charts and towards the level of 1.0355 (local bottom) and, probably, further, to the level of 1.0300, near which the boundaries of these channels pass.

Exchange Rates 31.05.2022 analysis
In an alternative scenario, EUR/USD will resume growth. The first signal for the resumption of long positions will be a breakdown of the resistance level of 1.0740, and the confirming one will be the resistance levels of 1.0780 (local high and upper limit of the descending channel on the daily chart), 1.0810 (local bottom).

The growth target is the resistance levels 1.1040 (144 EMA on the daily chart), and 1.1165 (200 EMA on the daily chart), below which EUR/USD remains in the bearish market zone.

In the current situation, short positions remain preferable.

Support levels: 1.0677, 1.0600, 1.0500, 1.0485, 1.0400, 1.0355, 1.0300

Resistance levels: 1.0740, 1.0780, 1.0800, 1.0810, 1.1000, 1.1040, 1.1100, 1.1165, 1.1285

Trading Tips

Sell Stop 1.0670. Stop-Loss 1.0750. Take-Profit 1.0600, 1.0500, 1.0485, 1.0400, 1.0355, 1.0300

Buy Stop 1.0750. Stop-Loss 1.0670. Take-Profit 1.0780, 1.0800, 1.0810, 1.1000, 1.1040, 1.1100, 1.1165, 1.1285

Eseguito da Jurij Tolin
Esperto analista di InstaForex
© 2007-2024

Apri un conto di trading

Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.




Stai per lasciare www.instaforex.eu, il sito Web gestito da INSTANT TRADING EU LTD
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.

Turn "Do Not Track" off