empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

30.10.202306:34 विदेशी मुद्रा विश्लेषण और समीक्षा: October 30, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.

Exchange Rates 30.10.2023 analysis

During August, the EUR/USD pair has been trading in a narrow range between 1.0950 and 1.1050, waiting for a clear direction from the market sentiment and the economic data.

Shortly after, the pair failed to maintain upside movement above the depicted uptrend. Instead, it was broken-down terminating the sideway movement.

Shortly after, an upside pullback towards 1.1050 (backside of the broken uptrend) was considered for a valid SELLING opportunity.

Moreover, the previous downside movement of the price was expected towards 1.0780 then 1.0550 where the next support levels were located.

Recently, an upside breakout took place above the ongoing movement channel. However, any downside movement below 1.0550 will enable further bearish decline towards 1.0450 where the backside of the broken channel can be retested.

On the other hand, any ascending movement towards 1.0670 should be considered for a valid SELL Entry provided that current buyers manage to maintain movement above the depicted downward channel.

*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.