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


  • Persoonlijke instellingen
  • Toegang tot alle InstaForex-services
  • Gedetailleerde statistieken en rapporten over transacties
  • Volledig scala aan financiële transacties
  • Systeem voor het beheren van verschillende accounts
  • Maximale gegevensbescherming

InstaForex Partner Area

  • Volledige informatie over klanten en commissies
  • Grafische statistieken over accounts en klikken
  • Webmasterinstrumenten
  • Kant-en-klare weboplossingen en een breed scala aan banners
  • Hoog gegevensbeschermingsniveau
  • Bedrijfsnieuws, RSS-feeds en forex informanten
Account Registreren
cabinet icon

Nog een Lamborghini van InstaForex!Misschien ben jij het die de sleutels neemt!

Doe gewoon een storting van minstens $ 1.000 op uw account!

Krijg de beste handelsvoorwaarden en aantrekkelijke bonusaanbiedingen! We hebben al 6 legendarische sportwagens gegeven! Maar daar houdt het niet op! De volgende Lamborghini Huracan van de nieuwste generatie is misschien van jou!

InstaForex investeer in uw overwinningen!

Direct openen van een account

Ontvang een brief met instructies
toolbar icon

Trading Platform

Voor mobiele apparaten

Voor handel via browser

4-hour timeframe

Exchange Rates 24.05.2019 analysis

Technical data:

The upper linear regression channel: direction – down.

The lower linear regression channel: direction – down.

The moving average (20; smoothed) – up.

CCI: 266.9045

The American trading session yesterday suddenly made a surprise for the traders. Macroeconomic reports on business activity indices in the United States were a failure. We are not talking about the shortage of one or two-tenths of a point to the projected values. We are talking about much lower values. For example, business activity in the manufacturing sector in May was 50.6 with a forecast of 52.5, and in the services sector – 50.9 with a forecast of 53.2. However, these are only preliminary values, not final. Nevertheless, it is clear to any trader that with such preliminary figures, the totals will also be quite disappointing. Thus, the US dollar fell under the pressure of the foreign exchange market yesterday. Market participants began to sharply withdraw from the "dollar" positions, which led to changes in the technical picture. The trend for the euro/dollar pair has changed to an upward one and buy orders have become relevant. On the last trading day of the week, all the attention of the market will be focused again on the States. There will be published a report on the change in the volume of orders for durable goods for April. Almost all forecasts predict a decline in volumes, and if they come true, the euro for the second day in a row can show growth against the US dollar. Today, macroeconomic information is not expected from Europe, but elections to the European Parliament began there.

Nearest support levels:

S1 – 1.1169

S2 – 1.1139

S3 – 1.1108

Nearest resistance levels:

R1 – 1.1200

R2 – 1.1230

R3 – 1.1261

Trading recommendations:

The EUR/USD currency pair changed its direction and overcame the moving average line. Thus, it is recommended to consider the long positions with the targets at 1.1200 and 1.1230, but in small lots, since both linear regression channels are directed downwards.

It is recommended to consider selling orders for the euro/dollar pair only after the reverse consolidation of the price below the moving average with the targets at 1.1139 and 1.1108.

In addition to the technical picture should also take into account the fundamental data and the time of their release.

Explanation of illustrations:

The upper linear regression channel – the blue line of the unidirectional movement.

The lower linear regression channel – the purple line of the unidirectional movement.

CCI – the blue line in the indicator window.

The moving average (20; smoothed) is the blue line on the price chart.

Murray levels – multi-colored horizontal stripes.

Heiken Ashi is an indicator that colors bars in blue or purple.

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

Uitgevoerd door Paolo Greco,
Analytische 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.