empty
 
 
02.04.2019 09:40 AM
Wave analysis of EUR / USD for April 2. News from the EU and the US supported the US dollar

This image is no longer relevant

Wave counting analysis:

On Monday, April 1, trading ended for EUR / USD with a loss of another 15 bp. The previous price low has been updated, so there is every reason to assume the continuation of the construction of the downward wave, which continues to be identified as b. However, a successful attempt to break through the minimum of wave 5 will lead to the need to refine the wave marking and complicate the downward trend. At the same time, small chances that the tool will not update wave 5 at least still remain. The preliminary inflation rate in the European Union was only 1.4%, which is worse than what the markets is expecting to see. The news background remains neutral overall, but with a minimal bias in favor of the US currency.

Sales targets:

1.1177 - 100.0% Fibonacci

Shopping goals:

1.1448 - 0.0% Fibonacci

General conclusions and trading recommendations:

The pair is supposedly close to completing wave b. Now, I recommend waiting for a new signal to complete this wave and start buying a pair with targets near the 1.1455 mark, which corresponds to the maximum of wave a. There is an option in which the pair will go beyond the previous minimum, however, the rising wave in any case will be built and, most likely, will be commensurate with all previous waves.

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