empty
 
 

21.10.201908:08 Forex Analysis & Reviews: Indicator analysis. Daily review on October 21, 2019 for the EUR / USD currency pair

Long-term review

Trend analysis (Fig. 1).

On Monday, the market may start pullback downward, with the target of 1.1132 - a pullback level of 14.6% (red dotted line). If successful, it will continue to the next lower target of 1.1106 which is a pullback level of 23.6% (red dashed line).

Exchange Rates 21.10.2019 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Monday, a downward movement is possible.

The lower target of 1.1132 is the pullback level of 14.6% (red dashed line).

The next lower target of 1.1106 is a pullback level of 23.6% (red dashed line).

An unlikely scenario is an upward movement towards the target of 1.1209 - a pullback level of 61.8% (blue dashed line).

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

Stefan Doll,
Analytical expert of InstaForex
© 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.