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01.10.201308:27 Forex Analysis & Reviews: EUR/USD intraday technical levels for October 01, 2013

Long-term review
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.

Exchange Rates 01.10.2013 analysis

Please pay attention and be careful for the US Government shutdown issue, the market tends to move in choppy and ranging course, because many of the market participants stay away and waiting for the US situation to be clear.

TODAY  TECHNICAL  LEVELS:  

Breakout BUY level: 1.3591.

Strong Resistance: 1.3583.

Original Resistance: 1.3570.

Inner Sell Area: 1.3557.

Target Inner Area: 1.3525.

Inner Buy Area: 1.3493.

Original Support: 1.3480.

Strong Support: 1.3467.

Breakout SELL level: 1.3459. 

DESCRIPTION: 

Today EUR/USD has support and resistance at 1.3480 and 1.3570. The rate is accompanied by strong support at 1.3467 and by 1.3583 as strong resistance.

If EUR/USD breaks out and closes below the 1.3459 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above the 1.3591 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.3493 and at 1.3557, a SELL position. In this case both targets should be located at the level of 1.3525.

 

Best regards,

Arief Makmur

Official Analyst of InstaForex Group

InstaForex Group

http://instaforex.eu

Email : Arief.jakarta@indo.instaforex.com

blog.mt5.com/arief

http://www.mt5.com/forex_analysis_award/profile/index/arief

Disclaimer :

Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

 

Arief Makmur
Analytical expert of InstaForex
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