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

Exchange Rates 09.11.2018 analysis

Wave counting analysis:

In the course of trading on Thursday, the EUR / USD currency pair fell by 60 basis points after the results of the Fed meeting became known. The wave marking of the instrument has undergone certain changes, since the breakdown of the minimum from November 5 with high probability means the complication of the downward trend section, which now has to transform into a 5th wave structure with targets in the fifth wave located around 12 figures.

The objectives for the option with sales:

1.1248 - 127.2% of Fibonacci

1.1179 - 161.8% of Fibonacci

The objectives for the option with purchases:

1.1499 - 0.0% of Fibonacci

General conclusions and trading recommendations:

The currency pair completed the construction of a 3-wave upward structure. Thus, I now expect the pair to decline in the area of 12 figures and recommend to sell again with targets located near the estimated marks of 1.1248 and 1.1179, which corresponds to 127.2% and 161.8% of Fibonacci.

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

Performed by Chin Zhao,
Analytical expert
InstaForex Group © 2007-2019
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.