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Trend Analysis (Fig. 1).
This week, the market, from the level of 1.1512 (the close of the last weekly candle), may begin moving upward toward 1.1663 — the 14.6% retracement level (red dashed line). When testing this level, the price may retrace downward toward 1.1592 — the 38.2% retracement level (blue dashed line).
Fig. 1 (weekly chart).
Comprehensive Analysis:
Conclusion from the comprehensive analysis: upward trend.
Overall forecast for the weekly EUR/USD candle: the price this week will most likely show an upward trend, with the weekly white candle lacking a lower shadow (Monday — upward) and having an upper shadow (Friday — downward).
Alternative scenario: From the level of 1.1512 (the close of the last weekly candle), the pair may begin moving upward toward 1.1592 — the 38.2% retracement level (blue dashed line). When testing this level, the price may retrace downward toward 1.1562 — the 21-period EMA (thin black line).
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
