04.04.201909:20 Forex Analysis & Reviews: Analysis of EUR/USD divergence for April 4. The euro bounced off its lows

Análisis a largo plazo

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

As seen on the 4-hour chart, the EUR / USD pair performed a reversal in favor of the European currency after the formation of the bullish divergence at the MACD indicator and a return to the retracement level of 76.4% (1.1241). The retreat of quotations from this level on April 4 will allow traders to count on the pair's reversal in favor of the US dollar and resuming the fall in the direction of the retracement level of 100.0% (1.1177). Closing the pair above the Fibo level of 76.4% will increase the probability of continued growth towards the level of 61.8% (1.1281).

The Fibo grid is built on extremes from March 7, 2019, and March 20, 2019.

Daily

As seen on the 24-hour chart, the pair maintains the chances for a further fall towards the retracement level of 161.8% (1.0941). However, the previous low again did not let the quotes below itself. On the 4-hour chart, there was a reversal in favor of the euro, which could lead to a similar reversal on the 24-hour chart. Fixing the pair's rate above the Fibo level 127.2% (1.1285) will increase the chances for some growth in the direction of the retracement level of 100.0% (1.1553).

The Fibo grid is built on extremums from November 7, 2017, and February 16, 2018.

Trading advice:

Buy deals on EUR/USD pair can be opened with the target at 1.1281 if the pair closes above the level of 76.4%. The stop-loss order should be placed below the level of 1.1241.

Sell deals on EUR/USD pair can be opened with the target at 1.1177 if the pair rebounds from the retracement level of 76.4%. The stop-loss order should be placed above the level of 1.1241.

Volver a la lista

Abra una cuenta de operaciones

¡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.