empty
 
 
26.01.2021 09:21 AM
Morning review of EUR/USD pair on January 26, 2021

This image is no longer relevant

EUR/USD pair in the four-hour time frame (H4 TF):

The correct level for entering down the euro was formed at the level of 1.2112 in the morning.

In this case, we will consider selling once the level of 1.2112 is broken, and then take buy stops at the same point, which means make a reversal.

Buying deals, in turn, can be done from the level of 1.2190.

In terms of news background, the single European currency awaits the decision of the Fed on Wednesday, as well as the statistics on US GDP and employment on Thursday.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback