empty
 
 

02.08.201823:19 Forex Analysis & Reviews: Ichimoku cloud indicator analysis on EUR/USD for August 3, 2018

Revizuire pe termen lung

EUR/USD has broken below the triangle support at 1.16. The price is already below that level following the rejection at the Kumo where we warned bulls for another try to challenge the 1.16 support area. Bulls were warned that as long as the price was below 1.1730-1.1760 trend would be controlled by bears.

Exchange Rates 02.08.2018 analysis

Red lines - triangle pattern

Blue line - important low

The EUR/USD got rejected at the Ichimoku cloud and at the upper triangle boundary. We have been saying that when the price reaches the upper triangle boundary and gets rejected or waits there, we should turn bearish. Only a break above 1.1730-1.1760 would change the trend to bullish. Support is now at 1.15 area. Resistance remains at 1.17-1.1730. Breaking this triangle to the downside is very bearish EUR/USD targeting 1.13-1.12.

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

Alexandros Yfantis,
Expert Specializat
Grup InstaForex © 2007-2021
Beneficiați de recomandările analiștilor chiar acum
Cont de tranzacționare top-up
Deschideți un cont de tranzacționare

Recenziile analitice InstaForex vă vor face pe deplin conștient de tendințele pieței! Fiind client InstaForex, vi se oferă un număr mare de servicii gratuite pentru tranzacționare eficientă.

Nu puteti sa vorbiti acum?
Puneti intrebare in chat.