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

To open long positions on EURUSD you need:

Yesterday I paid attention to the fact that the euro's fall will be limited in the support area of 1.0925, which was the low of this month, which, in general, happened. The decision to leave the key rate unchanged forced traders to switch to lower interest rates in the US, which is expected next week, which returned demand for the euro. At the moment, the bulls need a breakdown of last week's high in the region of 1.1082, which will lead to the continuation of yesterday's bullish growth and update of new levels 1.1115 and 1.1151, where I recommend taking profit. However, today the Eurogroup meeting will take place, which may limit the upward potential. In the scenario of a downward correction of EUR/USD in the morning, it is best to return to long positions on a false breakdown in the region of 1.1053, or on a rebound from a low of 1.1020.

To open short positions on EURUSD you need:

Today, sellers will be waiting for signals on the US economy, namely a report on retail sales, which may shed light on a possible interest rate cut in the United States next week. If it comes out good enough, it will limit the upward potential of the euro and return demand for the US dollar. The formation of a false breakdown in the resistance area of 1.1082 in the morning will be a signal to open short positions, however, it is best to sell the euro immediately for a rebound after updating the highs of 1.1115 and 1.1151. The main task of sellers will be to return and consolidate under the support of 1.1053, which will lead to a larger downward correction to the area of 1.1020, where I recommend taking profits.

Signals of indicators:

Moving averages

Trade is conducted above 30 and 50 moving averages, which indicates the bullish nature of the market after yesterday's data from the ECB.

Bollinger bands

In case the euro decreases in the morning, the average boundary of the indicator in the region of 1.1053 may act as support, but it is best to buy the euro for a rebound from the lower border in the region of 1.0989. The upward trend may be limited by the upper level of the indicator in the area of 1.1120.

Exchange Rates 13.09.2019 analysis

Description of indicators

MA (moving average) 50 days - yellow

MA (moving average) 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 © 2007-2019
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.