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

4h

Exchange Rates 09.11.2018 analysis

The currency pair EUR / USD, after rebounding from the correction level of 61.8% - 1.1497, continues the process of falling in the direction of the correctional level of 100.0% - 1.1303. Quoting the pair on November 9 from the Fibo level of 100.0% will allow traders to expect a reversal in favor of the European currency and some growth in the direction of the correction level of 76.4% - 1.1423. There are no ripening divergences today. Fixing the pair below the Fibo level of 100.0% will increase the chances for a further fall in the direction of the next correction level of 127.2% - 1.1162.

The Fibo grid is built on extremes from August 15, 2018, and September 24, 2018.

Daily

Exchange Rates 09.11.2018 analysis

On the 24-hour chart, the EUR / USD currency pair also turned in favor of the US dollar and began to fall in the direction of the Fibo level of 127.2% - 1.1285. Rebound of the pair from the correction level of 127.2% will allow traders to expect a turn in favor of the EU currency and a slight increase towards the correction level of 100.0% - 1.1553. Fixing quotations below the Fibo level of 127.2% will work in favor of a further fall in the direction of the next correction level of 161.8% - 1.0941.

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

Recommendations to traders:

You can make purchases of the EUR / USD currency pair with a target of 1.1423 and a Stop Loss order under the Fibo level of 100.0% if the pair bounces the correction level of 1.1303.

The EUR / USD currency pair can be sold now with a target of 1.1303 with a Stop Loss order above the Fibo level of 76.4%, since the pair completed closing below the correction level of 1.1423.

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

Performed by Samir Klishi,
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.