30.07.202413:37 Forex Analysis & Reviews: Trading Signals for EUR/USD for July 30-31, 2024: buy above 1.0803 (rebound - 5/8 Murray)

Relevancia 07:00 UTC--4

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.

Early in the American session, the EUR/USD pair is trading around 1.0829, above the 200 EMA, bouncing after having reached the low of 1.0803, the level that coincided with the bottom of the bearish trend channel. The euro is likely to continue its rise in the next few hours as we observe a candle called PinBar.

Given that the 5/8 Murray area has acted as a good support for the euro on previous occasions in June and July, we believe that if the euro consolidates above this area in the next few hours, we could look for buying opportunities.

If EUR/USD extends its rally, we could buy with targets at 6/8 Murray located at 1.0864 and finally, at 7/8 Murray located at 1.0929.

On the other hand, if a technical rebound occurs towards the 1.0803 area (5/8 Murray), it will be seen as an opportunity to buy. However, we should be careful below this area as the bearish force could accelerate.

The eagle indicator reached the extremely oversold zone on July 29 and is now giving a positive signal. So, we will look for buying opportunities in the coming days as long as EUR/USD remains above 1.0800.

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.