empty
 
 
21.05.2019 12:27 PM
Overview of EUR/USD on May 21. The forecast for the "Regression Channels". The calendar is empty but the US dollar still continues to rise.

4-hour timeframe

This image is no longer relevant

Technical data:

The upper linear regression channel: direction – down.

The lower linear regression channel: direction – up.

The moving average (20; smoothed) – down.

CCI: -99.2453

The minimum correction of the EUR/USD pair ended near the Murray level of "-1/8" - 1.1169. It can already be noted that the indicator Heiken Ashi has turned down, which means the bears are ready for new sales of the euro. Thus, the short-term trend on the 4-hour timeframe is not too strong yet, and the euro, as we noted earlier, is likely to fall to the Murray level of "-2/8" - 1.1108. In fundamental terms, the currency market is now completely calm. In principle, this is noticeable even at the minimum volatility of the euro/dollar pair in recent days. Today, neither the European Union nor America will again have an important macroeconomic publication. Thus, traders can only rely on technical factors that clearly point down when making trading decisions. Donald Trump, who was recently the main newsmaker, turned his attention to Iran, so there is no new information on the topic of trade wars at the moment either. The bottom line is that we have a confident and moderate increase in the US dollar, which Trump most likely wants to influence exclusively through the Fed's monetary policy, on which he has no influence. Accordingly, there will be new attempts to put pressure on Jerome Powell to reduce the key rate.

Nearest support levels:

S1 – 1.1108

Nearest resistance levels:

R1 – 1.1169

R2 – 1.1230

R3 – 1.1292

Trading recommendations:

The EUR/USD currency pair continues to move down and overcome the level of 1.1169. Thus, the sell orders remain relevant with the target of 1.1108 until the new reversal of the Heiken Ashi indicator to the top.

It is recommended to consider short positions on the euro/dollar pair very carefully and with small lots not earlier than fixing the price above the moving average line with the first target of 1.1230.

In addition to the technical picture should also take into account the fundamental data and the time of their release.

Explanation of illustrations:

The upper linear regression channel – the blue line of the unidirectional movement.

The lower linear regression channel – the purple line of the unidirectional movement.

CCI – the blue line in the indicator window.

The moving average (20; smoothed) is the blue line on the price chart.

Murray levels – multi-colored horizontal stripes.

Heiken Ashi is an indicator that colors bars in blue or purple.

Paolo Greco,
الخبير التحليلي لدى شركة إنستافوركس
© 2007-2024
كسب عائد من تغيرات أسعار العملات المشفرة مع إنستافوركس.
قم بتحميل منصة التداول ميتاتريدر 4 وافتح أول صفقة.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    انضم إلى المسابقة
  • إيداع الحظ
    قم بإيداع 3,000 دولار في حسابك واحصل على $10,000 وأكثر من ذالك!
    في ديسمبر نحن نقدم باليانصيب $10,000 ضمن حملة إيداع الحظ!
    احصل على فرصة للفوز من خلال إيداع 3,000 دولار في حساب تداول. بعد أن استوفيت هذا الشرط، تصبح مشاركًا في الحملة.
    انضم إلى المسابقة
  • تداول بحكمة، اربح جهازا
    قم بتعبئة حسابك بمبلغ لا يقل عن 500 دولار ، واشترك في المسابقة ، واحصل على فرصة للفوز بأجهزة الجوال.
    انضم إلى المسابقة
  • بونص 100٪
    فرصتك الفريدة للحصول على بونص 100٪ على إيداعك
    احصل على بونص
  • بونص 55٪
    تقدم بطلب للحصول على بونص 55٪ على كل إيداع
    احصل على بونص
  • بونص 30٪
    احصل على بونص 30٪ في كل مرة تقوم فيها بتعبئة حسابك
    احصل على بونص

المقالات الموصى بها

لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.
Widget callback