Ver también
Technical Market Outlook:
The target for EUR/USD bears has been seen at the level of 1.0779 - 1.0767, which is a key short-term support zone for bulls. This zone was hit yesterday and the EUR/USD bounced towards the nearest technical resistance located at the level of 1.0846 after a Pin Bar candlestick was made. The bulls hasn't made a new local high yet, so the next target for them is seen at the level of 38% Fibonacci retracement at 1.0862 and 1.0878. The momentum remains neutral, but might turn positive any time now.
Weekly Pivot Points:
WR3 - 1.1279
WR2 - 1.1141
WR1 - 1.1073
Weekly Pivot - 1.0940
WS1 - 1.0861
WS2 - 1.0728
WS3 - 1.0662
Trading Recommendations:
The fear of the coronavirus consequences is very strong among the global investors and this fear still rules on the financial markets. On the EUR/USD pair the main long term trend is down, but the reversal is possible when the coronavirus pandemic will be tamed. The key long-term technical support is seen at the level of 1.0336 and the key long-term technical resistance is seen at the level of 1.1540. Only if one of this levels is clearly violated, the main trend might reverse (1.1540) or accelerate (1.0336).
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.