Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

18.09.201808:40 Technical analysis of EUR/USD for September 18, 2018

Long-term review

EUR/USD has managed to push above 1.17 as expected. We have been calling this pull back to 1.1620 as a back test of the break out and the bounce back to 1.17 confirms this bullish view. Now EUR/USD faces big medium-term resistance ahead, critical for an extended rise to 1.19-1.20 or a full-scale reversal to 1.14.

Exchange Rates 18.09.2018 analysis

Blue line - short-term support

Light blue dots - medium strength support

Dark blue dots -maximum strength support

Green line - major support

EUR/USD is back at its highs and I see a bullish pattern about to break to the upside. Major resistance as we said in previous analysis is found at 1.1720-1.1730 area. A break and close above this area will open the way for a move towards 1.19. A rejection at current levels and a break below 1.1640-1.1620 will open the way for a test of the 1.1520 major support. As I have been saying before, I remain bullish about EUR/USD as long as we trade above 1.16.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by InstaForex Analyst,
Analytical expert
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Close
Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.