हमारी टीम के पास 7,000,000 से अधिक ट्रेडर हैं!
प्रतिदिन हम ट्रेडिंग को बेहतर बनाने के लिए एक साथ काम करते हैं। हम उच्च परिणाम प्राप्त कर रहे हैं और आगे की ओर बढ़ रहे हैं।
दुनियाभर के लाखों लोगों द्वारा हमारे काम को पहचानना, हमारे काम की सबसे अच्छी सराहना है! आपने आपनी पसंद बनाई है और हम आपकी अपेक्षाओं को पूरा करने के लिए हर संभव प्रयास करेंगे!
हम एक साथ एक अच्छी टीम हैं!
इंस्टाफॉरेक्स को इस बात का गर्व है कि वह आपके लिए काम कर रहा है!
एक्टर, यूएफसी 6 टूर्नामेंट का विजेता और एक सच्चा हीरो!
वह आदमी, जिसने अपनी मेहनत से सब किया है। वह आदमी, जो हमारे रास्तों पर चलता है.
टैक्टारोव की सफलता का राज लक्ष्य की ओर लगातर अग्रसर रहना है।
अपनी प्रतिभा के सभी पक्षों को प्रकट करें!
खोज करें, कोशिश करें, विफल हो-लेकिन कभी न रूकें!
इंस्टाफॉरेक्स- हमारी सफलताओं की कहानी यहाँ से शुरू होती है!
On Thursday, EUR/USD continued its sharp decline, with the day ending near the 127.2% retracement level at 1.1220. A rebound from this level would favor the euro and some upward movement toward the 100.0% Fibonacci level at 1.1325. Consolidation below 1.1220 would increase the likelihood of a further decline in the euro toward the next retracement level of 161.8% at 1.1087.
The wave situation on the hourly chart remains "bearish." The latest completed upward wave failed to break the previous peak, while the latest downward wave broke the previous low and has continued forming for the fourth consecutive week. Following the September FOMC meeting, traders expect at least one more monetary policy tightening before the end of the year and another one next year. This factor continues to provide the strongest support for the US currency.
The news background on Thursday did not suggest any strengthening of the US currency. The US ISM manufacturing PMI came in at 54.5 in September, although traders had expected a higher reading. The index is certainly not weak, as any reading above 50.0 signals a positive trend. Thus, the dollar may not have deserved to decline on the basis of this report, but at the same time, the sharp rally looks rather unusual. Clearly, the dollar is currently being influenced by a whole range of factors, including FOMC monetary policy, a strong increase in US bond yields, and rising geopolitical tensions, now not in the Middle East but in Europe. Even Donald Trump has failed to bring the conflict between Ukraine and Russia to an end, and investors are concerned that it could expand geographically in the near future. Thus, risk-off sentiment in the market is currently very strong. The current strengthening of the US currency still appears somewhat unjustified, while yesterday's decline looks like its final move. Therefore, further growth in the pair is expected today.
On the 4-hour chart, the pair declined to the 127.2% Fibonacci level at 1.1220. Consolidation below this level would allow traders to expect a continuation of the decline, but a rebound and corrective retracement are currently expected, supported by a whole series of "bullish" divergences in the CCI indicator and the RSI indicator being in oversold territory.
Commitments of Traders (COT) Report:
During the latest reporting week, professional traders opened 11,708 Long positions and 37,049 Short positions. Over the seven weeks in February and March, the bulls' overwhelming advantage disappeared because of the war in Iran, while over the past twenty-six weeks, the situation has become more balanced amid market hopes for an end to the conflict. The total number of Long positions held by speculators currently stands at 221,000, while the number of Short positions stands at 273,000. The bears remain in the lead.
Overall, over the long term, large market participants continue to show strong interest in the euro. Naturally, events of various kinds around the world, of which there has been no shortage in recent years, affect investor sentiment and put pressure on risk-sensitive currencies. In particular, the market is currently keeping a close eye on the situation in the Middle East, where the war alternately appears to end and then resume. However, geopolitics no longer determines the dollar's fate on its own. At the same time, the FOMC's more hawkish monetary policy stance has strengthened the dollar in recent months.
News Calendar for the United States and the European Union:
On October 2, the economic calendar contains four entries, all of which can be considered important except for US wage data. The economic news background may have a strong influence on market sentiment throughout Friday.
EUR/USD Forecast and Trading Tips:
Buying the pair is possible today if it rebounds from 1.1220 on the hourly chart, with targets at 1.1325 and 1.1416. Selling opportunities were available when the pair closed below 1.1325, with a target of 1.1220. The target has been reached. New selling opportunities may arise if the pair closes below 1.1220, with a target of 1.1087.
The Fibonacci grids are drawn from 1.1325–1.1712 on the hourly chart and from 1.1325–1.1712 on the 4-hour chart.
*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |
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