Condiciones de negociación
Products
Herramientas
To open long positions on EURUSD you need:
Marie's statements about Draghi supported the euro yesterday, but the big players are not in a hurry to return to the market. As long as trade is conducted above 1.1240, the demand for the euro will continue, and the formation of a false breakdown there will be a signal to buy in order to break through and consolidate above the resistance of 1.1269. The main task of the bulls will be to update the high of 1.1294 and 1.1324, where I recommend to lock in the profit. In case the EUR/USD further declines after weak data on the eurozone consumer confidence indicator, it is best to take a closer look at purchases after the test of lows of 1.1208 and 1.1176.
To open short positions on EURUSD you need:
Bears will try to push the support level of 1.1240, since consolidating below it will lead to a new wave of selling the European currency with a test of lows around 1.1208 and 1.1176, where I recommend taking profits. With the EUR/USD growth scenario in the first half of the day against the background of good fundamental data for the euro area, the interesting level for opening short positions will be the area of 1.1294, but larger sales will be seen in the area of this week's high - 1.1324.
Indicator signals:
Moving averages
Trade is conducted below the 30-day and 50-medium moving averages, which indicates the bearish nature of the market.
Bollinger bands
Under the euro growth scenario, the upside potential will be limited by the upper limit of the Bollinger Bands indicator in the area of 1.1269. A break of the lower border in the area of 1.1237 will lead to a new wave of the euro's decline.
Description of indicators
¡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.