empty
 
 
07.11.2014 11:26 AM
Technical analysis of EUR/USD for November 7, 2014
This image is no longer relevant
Overview:
  • The EUR/USD pair has broken a major support at the level of 1.2460. But in case the daily resistance is at the 1.2455 level, then the market will indicate a bearish opportunity from this area 1.2455/1.2420. Additionally, it is now approaching from this spot in order to test; therefore, it will probably start downside movement at this area and recover again. So, the market will indicate a bearish opportunity at the price of 1.2420/1.2455 (below 1.2455 look for further downside) and it will be a good sign to sell at this spot with a first target of 1.2366 (the double bottom will set at the point of 1.6324), and continue towards 1.2333. However, if a break in 1.2475 takes place, then it will be a good area for placing the stop loss. 
This image is no longer relevant
Notes:
  • It should be noted that the market will turn bearish from the level of 1.2460.
  • Volatility: 314.45; therefore, the market indicates the higher volatility.
It should be noted that:
  • Take profit = 45 pips.
  • Stop loss = 30 pips.
  • Take profit = 3/2 * Stop Loss.
  • Stop loss should never exceed your maximum exposure amounts.
  • Risks to reward ratios are important and should be calculated.
Mourad El Keddani,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Mourad El Keddani
Start trade
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 $6000 mais!
    Em Dezembro nós sorteamos $6000 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 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