empty
 
 
03.04.2019 10:23 AM
Wave analysis of EUR / USD for April 3. There are 7 points to the previous low, will wave C be built anyway?

This image is no longer relevant

Wave counting analysis:

On Tuesday, April 2, trading ended for EUR / USD with another 10 bp loss. However, the minimum of the expected wave 5 is still not updated, which saves the pair with chances of building an upward wave exactly as part of the upward section trend. With today's tool increase, these chances can even increase slightly. The news background in the short term unexpectedly became in favor of the euro currency. Yesterday, there were rather weak reports on orders for durable goods in the United States. Information about business activity indices in the service sector will be shown from America today. If the news turns out to be weaker than market expectations once again, the tool may continue to rise.

Sales targets:

1.1177 - 100.0% Fibonacci

Purchase goals:

1.1448 - 0.0% Fibonacci

General conclusions and trading recommendations:

The pair supposedly completed the construction of wave b. Now, I recommend buying a pair with targets near the 1.1455 mark, which corresponds to the maximum of wave a, based on the construction of wave c. Purchases should not be large in volume, as there is a fairly high probability of breaking the wave minimum 5. Nevertheless, purchases near the lows are always attractive.

Chin Zhao,
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 $1000 mais!
    Em Abril nós sorteamos $1000 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