Facebook
 
 

15.01.202118:52 Pregled Forex analiza: EURUSD continues lower closer towards our target of 1.2050

We have warned bulls after the break of the bullish channel that was combined with a bearish RSI divergence. Since then we were talking about a pull back towards at least the 38% Fibonacci retracement level.

Exchange Rates 15.01.2021 analysis

Green lines - bullish channel broken

Red lines - bearish divergence

EURUSD is approaching our first target at 1.2050 and the 38% Fibonacci level. Trend is bearish in the short-term as price has started making lower lows and lower highs. A first bounce could come from this Fibonacci support at 1.2050 but bulls need to be very cautious.

Exchange Rates 15.01.2021 analysis

Red line - bearish divergence

Green line - support trend line

Taking a look at the bigger picture in EURUSD bulls should be very cautious as we could be at the early stages of a bigger pull back towards the 38% Fibonacci retracement of the longer-term upward move from 1.06. Support by the long-term upward sloping green trend line is at 1.1940. The 38% Fibonacci retracement is at 1.1685. Of course it is too early to talk about such a big pull back, but the chances of this happening are increasing as price falls.

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Alexandros Yfantis,
Analitickog eksperta
InstaForex grupa kompanija © 2007-2021
Iskoristite preporuke analitičara upravo sada
Dopunite trgovački račun
Otvori trgovački račun

Uz InstaForex-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaForex-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.

Ne možete da razgovarate sada?
Postavite pitanje kroz ćaskanje.