empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

09.01.202310:02 विदेशी मुद्रा विश्लेषण और समीक्षा: Technical analysis of EUR/USD for January 9-14, 2023

Trend analysis

EUR/USD may continue moving upwards this week, starting from the level of 1.0644 (closing of the last weekly candle) to 1.0786, which is the upper fractal (yellow dotted line). A pullback may occur upon reaching the level.

Exchange Rates 09.01.2023 analysis

Fig. 1 (weekly chart)

Comprehensive analysis:

Indicator analysis - uptrend

Fibonacci levels - uptrend

Volumes - uptrend

Candlestick analysis - downtrend

Trend analysis - uptrend

Bollinger bands - uptrend

Monthly chart - uptrend

All this points to an upward movement in EUR/USD.

Conclusion: The pair will have a bullish trend, with no first lower shadow on the weekly white candle (Monday - up) and a second upper shadow (Friday - down).

So during the week, euro will rise from 1.0644 (closing of the last weekly candle) to the upper fractal at 1.0786 (yellow dotted line), then have a pullback downwards.

Alternatively, the quote could climb from 1.0644 (closing of the last weekly candle) to the upper fractal at 1.0734 (blue dotted line), then bounce down to the 14.6% retracement level at 1.0560 (blue dotted line). Once this level is reached, the pair will continue its movement upwards.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.