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 account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses

To open long positions for EURUSD, it is required:

There were no significant changes in the first half of the day. Buyers managed to form a false breakout at the level of 1.1483, which I drew attention to in my morning review, which retained its upward potential in the euro. The main task for the second half of the day will be to update the resistance of 1.1541 and consolidate on it, which will lead to a larger upward momentum for the euro with a test of the highs of 1.1588 and 1.1648, where I recommend locking in profits. In case of a decline below the support level of 1.1483, long positions can be returned only to a rebound from 1.1434.

To open short positions for EURUSD, it is required:

It would be best to expect short positions in the second half of the day after an update of the resistance of 1.1541 with the formation of a false breakdown there. The main task is to reduce and consolidate below the support level of 1.1483, where the 30-day and 50-day average are also located, which will be a clear signal to open new short positions in the euro with an update of the low of 1.1434, where I recommend taking profit. In case of growth above 1.1541, you can immediately sell the EUR/USD on the rebound from the high of 1.1588.

Indicator signals:

Moving averages

The price is above the 30-day and 50-day average, but finding the average at the same level indicates only the sideways nature of the market.

Bollinger Bands

There are no signals to enter the market, since the volatility on the Bollinger Bands indicator has fallen dramatically.

Exchange Rates 11.10.2018 analysis

Indicator description

  • Moving Average (average sliding) 50 days - yellow
  • Moving Average (average sliding) 30 days - green
  • MACD: fast EMA 12, slow EMA 26, SMA 9
  • Bollinger Bands 20

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

Performed by Ruben Watson,
Analytical expert
InstaForex Group © 2007-2018
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

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.