empty
 
 
Você está prestes a sair
www.instaforex.eu >
de um site operado pela
INSTANT TRADING EU LTD
Abrir Conta

26.10.202112:50 Forex Analysis & Reviews: Technical analysis recommendations of EUR/USD and GBP/USD on October 26

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

EUR/USD

Exchange Rates 26.10.2021 analysis

The bears are still hoping for a rebound from the encountered resistance in the area of 1.1664 and the completion of the upward correction in this area. Yesterday, they managed to exit the attraction zone of 1.1664 (historical level + the final line of the day's dead cross) and declined to support levels of 1.1602 (historical level + daily Tenkan). The next supports to further drop can be noted at 1.1558 (lower border of the weekly cloud) and 1.1516 - 1.1494 (monthly levels).

Exchange Rates 26.10.2021 analysis

The bulls lost their advantage in the smaller timeframes. As a result, the currently analyzed technical instruments support the strengthening of the bearish sentiment. The classic pivot levels (1.1577 - 1.1546 - 1.1502) serve as the downward pivot points. The key levels are forming a resistance area today, which will also defend the bearish interests currently set at 1.1621-35 (central pivot level + weekly long-term trend). However, a breakdown and consolidation above can change the current balance of power on the same timeframes.

GBP/USD

Exchange Rates 26.10.2021 analysis

The center of gravity is still the daily cloud (1.3777), which restrains the development of the directional movement. The pair is currently trading within the borders of 1.3830 (monthly short-term trend + weekly medium-term trend) - 1.3731 (weekly Fibo Kijun + daily Tenkan). Going beyond these limits will allow us to consider new opportunities.

For the bulls, the pivot points will be 1.3928-58 (the final level of the weekly dead cross + the upper limit of the monthly cloud). As for the bears, the nearest supports can be noted at the weekly borders of 1.3695 - 1.3661.

Exchange Rates 26.10.2021 analysis

The pound continues to struggle for key levels in the smaller timeframes. They now combine their efforts in the area of 1.3764-88 (central pivot level + weekly long-term trend). A consolidation above will give the bulls the advantage on the hourly chart. Their next upward pivot points can be considered at 1.3814 (R2) - 1.3838 (R3). But if the key levels remain on the bearish side, then it will be important for them to update the minimum extreme (1.3735) and consolidate below.

***

Ichimoku Kinko Hyo (9.26.52) and Kijun-sen levels in the higher time frames, as well as classic Pivot Points and Moving Average (120) on the H1 chart, are used in the technical analysis of the trading instruments.

Evangelos Poulakis
Analytical expert of InstaForex
© 2007-2024

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.




Agora você está saindo do www.instaforex.eu, um site operado pela INSTANT TRADING EU LTD
Não pode falar agora?
Faça sua pergunta no chat.

Turn "Do Not Track" off