Facebook
 
 

25.04.201908:25 Przeglądy analityczne: Long-term technical analysis of EURUSD for 25 April, 2019

Przegląd długoterminowy

EURUSD broke below 1.12 and is making new lows towards 1.1140. Support at 1.1250 did not hold and this was our initial sign telling us that chances for a move towards 1.1150 have increased. Now that price has reached this area we have many things to note.

Exchange Rates 25.04.2019 analysis

Black line - major resistance trend line

Red lines - bullish divergence

EURUSD remains in a bearish trend making lower lows and lower highs in the Daily chart since summer of 2018. The bullish divergence warning signs continue to appear. Each lower low is slightly lower than the previous one and the RSI continues to make higher lows. However trend has not reversed yet as price remains below the major black resistance trend line. A long-term bullish wedge is being formed and approaching the lower boundary of the wedge pattern at 1.1115 is important support and very possible bounce area. A break above the black trend line would be a bullish signal confirming trend reversal. The 1.1350 level is now the major turning point lowered from 1.1450. I believe it is more probable to see prices reverse higher from 1.11-1.1150 than continue lower.

*Prezentowana analiza rynku ma charakter informacyjny i nie jest przewodnikiem po transakcji.

Zarób na rekomendacjach analityka już teraz
Zasil konto handlowe
Otwórz konto handlowe w InstaForex

Dzięki analizom InstaForex zawsze będziesz na bieżące z trendami rynkowymi! Zarejestruj się w InstaForex i uzyskaj dostęp do jeszcze większej liczby bezpłatnych usług dla zyskownego handlu.

Nie możesz teraz rozmawiać przez telefon?
Zadaj pytanie na czacie.