empty
 
 
27.03.2014 01:27 PM
Technical analysis of EUR/USD for March 27, 2014
  • Daily pivot point: 1.3796
This image is no longer relevant

Trading recommendations:

  • The EUR/USD pair is in the short term.
  • The price of the EUR/USD pair is going to turn to bearish sentiment from the level of 1.3830. Also, it should be noted that the level of 1.3830 is representing the weekly pivot point on March 27, 2014. Accordingly, it will be a good sign to sell below 1.3830 with the first target of 1.3750 to test the double bottom at this price. Then, it will call for downtrend in order to continue its bearish movement towards 1.3711 (the weekly support 1). At the same time, the stop loss should be placed above the weekly pivot point at the price of 1.3774. Equally important, the support will set at the 1.3870 level.

Notes:

  • Additionally, it should be noted that the range today will be about 80 pips.
  • The stop loss has set in 40 pips. Hence, the risk of 40 pips should make profit of 60 pips.
  • Volatility: 70.39 today.
  • As a rule, the market is highly volatile if the last day had a huge volatility.

Intraday technical levels:

  • R3: 1.3866
  • R2: 1.3847
  • R1: 1.3815
  • PP: 1.3796
  • S1: 1.3764
  • S2: 1.3745
  • S3: 1.3713
Summary
Urgency
Analytic
Mourad El Keddani
Start trade
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 $6000 más!
    ¡En Diciembre, sorteamos $6000 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
  • 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