empty
 
 
09.04.2019 08:03 AM
Control zones EURUSD 04/09/19

While the pair is trading below the NKZ 1/2 1.1285-1.1276, the main direction of trade is the fall. Yesterday's maximum is formed near the specified zone, which may allow finding sales in the false breakdown of this extremum. The first goal of the fall is the minimum of April. This allows you to get a profitable risk-earnings ratio for the sale.

This image is no longer relevant

It is important to note that the downward movement remains a medium-term impulse. This indicates a high probability of its continuation.

Breaking the downward structure will require the closure of today's US session above the level of 1.1285. This will open the way for the pair to grow to the March maximum. Work within this model will be possible tomorrow. In case of cancellation of a downward option, it is necessary to get rid of all short positions.

This image is no longer relevant

Daily KZ - daily control zone. The area formed by important data from the futures market, which change several times a year.

Weekly KZ - weekly control zone. The zone formed by important marks of the futures market, which change several times a year.

Monthly KZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback