empty
 
 
23.01.2019 02:16 AM
EUR/USD. January 22. Results of the day. The minimum downward slope is maintained, but in general, "complete calm"

4-hour timeframe

This image is no longer relevant

The amplitude of the last 5 days (high-low): 108p - 47p - 36p - 58p - 34p.

Average amplitude for the last 5 days: 57p (56p).

The EUR/USD currency pair on Tuesday, January 22, continues the weakest movement downwards. The volatility of the pair in the last 4 days is low, and today the series of days with zero activity continues. There is simply nothing to note from macroeconomic events today. There were no important publications in the eurozone today. The calendar of macroeconomic events in America is absolutely empty. No new news on the "Shutdown" in the US has been reported. Traders of the EUR/USD are not too interested in news from the UK about Theresa May's plan "B". There is complete calm in the pair from all of this. The minimum downward slope is maintained, but 30 points a day is a disappointing figure anyway. Thus, only technical factors remain at the disposal of traders at the moment. Currently, technique is simple and clear. Systematic and calm downward movement. The MACD indicator is constantly discharging, as the downward movement force is not enough for the indicator to constantly decrease. Therefore, the only thing that is relevant now is to trade in a lower lot of small lots with a constant transfer of Stop Loss orders following the decrease in the Kijun-sen critical line. On Thursday, a meeting of the ECB and the announcement of the results, as well as a press conference of the regulator. It is unlikely that volatility will increase in the market before this event.

Trading recommendations:

The EUR/USD pair continues a weak downward movement. Thus, short positions remain relevant with the goal of 1.1313. MACD is directed upward and discharged, therefore, it is necessary to focus more on the Kijun-Sen line.

Buy orders are recommended to be considered no earlier than fixing the price above the critical line. In this case, in small lots it will be possible to open longs with the first goal of 1.1415.

In addition to the technical picture, fundamental data and the timing of their release should also be taken into account.

Explanation of illustration:

Ichimoku Indicator:

Tenkan-sen-red line.

Kijun-sen – blue line.

Senkou span a – light brown dotted line.

Senkou span B – light purple dotted line.

Chikou span – green line.

Bollinger Bands Indicator:

3 yellow lines.

MACD:

Red line and histogram with white bars in the indicator window.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $8000 más!
    ¡En Marzo, sorteamos $8000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback