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


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
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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.

Kan u nu niet praten?
Stel uw vraag in de chat.