21.10.202005:18 Forex Analyse & Reviews: Forecast for EUR/USD on October 21, 2020

EUR/USD

The speculative growth of the euro continued on Tuesday. The price broke the October 9 peak, now it is aiming for the highs on October 10 and on August 6, near the MACD line on the daily chart - 1.1915/20. The Marlin oscillator is growing in the zone of positive values, the upward trend continues.

Exchange Rates 21.10.2020 analysis

The Marlin signal line began to turn to the downside on the four-hour chart, which indicates a slowdown in price growth. The price will probably settle in a particular area for a day before it rises to 1.1915.

Exchange Rates 21.10.2020 analysis

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

Uitgevoerd door Laurie Bailey,
Analytische expert
InstaForex Group © 2007-2020
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