empty
 
 
08.08.2022 04:51 AM
Forecast for EUR/USD on August 8, 2022

The euro fell by 60 points on Friday due to good data on employment in the US. The lower shadow of the daily candle touched the target support at 1.0150. In the non-agricultural sector, 528,000 new jobs were created in July. This morning the price approached the support at 1.0150 again and shows the intention to overcome it.

This image is no longer relevant

If this plan succeeds, then the price will open the way to the target bearish level of 1.0020. This is our main scenario. The signal line of the Marlin Oscillator is also close to overcoming the zero neutral line and moving into the downward trend zone.

The main plan may be disrupted by the price's exit above Friday's high at 1.0252, which will also correspond to overcoming the resistance of the MACD indicator line on a daily scale. In this case, the target would be 1.0360 (15 June low).

This image is no longer relevant

On the four-hour chart, the price develops under both indicator lines - balance and MACD. The Marlin Oscillator is in a downward position. We are waiting for the price to leave the area below 1.0150 and settle under the level.

If the situation develops according to an alternative scenario, the price moving above the MACD line (1.0220) will not be enough to develop movement to 1.0360, such a transition above the indicator line may turn out to be false. The working signal will be overcoming the MACD line of the daily scale, which is near Friday's high at 1.0252.

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 $1000 más!
    ¡En Abril, sorteamos $1000 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