empty
 
 
14.01.2015 05:18 PM
Intraday technical levels and trading recommendations for EUR/USD for January 14, 2015
This image is no longer relevant

The EUR/USD pair continued to move lower after breaking below the major DEMAND LEVEL at 1.2250 exposing the price levels of 1.2120 and 1.2000 .

Further actions from the ECB regarding QE are still doubted. This is strongly affecting the market leading to the current long-term negative sentiment of the EUR/USD pair.

The pair has lost almost 200 pips since the beginning of 2015, as the market is pushing towards its lowest levels since November 2005.

This image is no longer relevant

The market currently looks oversold below the price level of 1.2000 and 1.1900 (prominent psychological SUPPORT & the lower limit of the movement channel on the H4 chart).

Currently, SELLING the EUR/USD pair is considered a high-risk position at such historically low prices.

On the other hand, BUYING the pair is considered a low-risk opportunity but with low probability after such strong bearish trend.

Bullish pullback should be anticipated when looking for better prices to sell the pair off.

The price level of 1.1950 is the recently established SUPPLY level. Short-term SELL positions can be taken there provided that the market keeps trading below the price level of 1.2000.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
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