empty
 
 
21.10.2019 07:34 AM
EUR/USD: plan for the European session on October 21. Further euro growth will depend on Brexit news

To open long positions on EURUSD you need:

Saturday's vote on Brexit failed, and the whole emphasis is shifted to today's attempt. The lack of important fundamental statistics will also maintain low volatility in the market until the voting results appear. To continue the growth of the euro, it is required to keep the level of 1.1151 in the first half of the day, as well as the formation of a false breakout on it, which will update the highs in the areas of 1.1189 and 1.1226, where I recommend taking profits. However, without good news, this is unlikely to succeed. Johnson's next unsuccessful attempt to advance his deal could put pressure on the pair. Therefore, in the event of a decline to the level of 1.1151 in the first half of the day, you can count on purchases from a low of 1.1123, where the moving average also passes, as well as a rebound from the larger support of 1.1090

To open short positions on EURUSD you need:

The main task of the bears today will be the return of the pair to the support level of 1.1151, which will increase pressure on the euro, and will lead to lows in the areas of 1.1123 and 1.1090, where I recommend profit taking. However, all this can be expected only after the news about the next failure of Boris Johnson, or the failure of the vote on the deal. In the EUR/USD growth scenario, it is necessary to pay attention to the divergence, which is now being formed on the MACD indicator. A test of resistance at 1.1189 with confirmation of divergence will be a clear signal to open short positions. You can sell immediately for a rebound even higher, from a high of 1.1226.

Signals of indicators:

Moving averages

Trade is conducted above 30 and 50 moving averages, which indicates a further increase in the euro.

Bollinger bands

In the event of a euro decline scenario, the lower boundary of the indicator in the area of 1.1135 will provide support. Growth will be limited by the upper level in the area of 1.1175.

This image is no longer relevant

Description of indicators

  • MA (moving average) 50 days - yellow
  • MA (moving average) 30 days - green
  • MACD: Fast EMA 12, Slow EMA 26, SMA 9
  • Bollinger Bands 20
Miroslaw Bawulski,
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