empty
 
 
22.02.2019 09:17 AM
Analysis of EUR / USD divergences for February 22. The pair may return to 1.1360 for the fourth time

4h

This image is no longer relevant

The EUR / USD pair returned again to the correction level of 23.6% at 1.1358 and rebounded from it. As a result, the pair also performed a slight drop but the new bullish divergence at the CCI indicator allows us to expect a turn in favor of the EU currency and another return to the Fibo level of 23.6%. A new rebound from this level will again work in favor of the American currency and some fall in the direction of the level of 1.1269. Fixing the rate of the pair above the Fibo level of 23.6% will increase the likelihood of continued growth in the direction of the correction level of 38.2% at 1.1446.

The Fibo net was established on boundaries from September 24, 2018 and November 12, 2018.

Daily

This image is no longer relevant

On the 24-hour chart, the pair rebounded from the correction level of 127.2% at 1.1285 and started the growth process in the direction of the Fibo level 100.0% at 1.1553. Maturing divergences in the current chart are not observed in any indicator. The closing of quotations of the pair below the Fibo level of 127.2% can be interpreted as a reversal in favor of the American dollar and it is expected to resume a decline towards the correction level of 161.8% at 1.0941.

The Fibo net was established on boundaries from November 7, 2017 and February 16, 2018.

Recommendations to traders:

New purchases of the EUR / USD pair is possible with the goal of 1.1446 and a Stop Loss order below the level of 23.6% if the pair closes above the level of 1.1358.

Sales of the EUR/USD pair can be carried out with the target of 1.1269 and a Stop Loss order above the level of 1.1358 if the pair completes the last low divergence.

Samir Klishi,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $8000 mais!
    Em Março nós sorteamos $8000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback