empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

27.03.202416:49 Forex Analysis & Reviews: Trading Signals for EUR/USD on March 27-29, 2024: buy above 1.0803 (1/8 Murray - 21 SMA)

Exchange Rates 27.03.2024 analysis

Early in the American session, the Euro is trading around 1.0818, below the 21 SMA, and below the 200 EMA under bearish pressure but showing signs of exhaustion.

The key level for the euro that acts as a good support is 1/8 Murray around 1.0803. Above this area, we could look for opportunities to buy with the target at the 2/8 Murray resistance around 1.0864.

Since March 25, the eagle indicator has been giving a positive signal. Thus, we believe that the euro could recover in the coming days, but to do so, it should consolidate above 1.0826 (21 SMA). Then, EUR/USD could gain momentum and reach 1.0857 and even the top of the downtrend channel around 1.0890.

With a fall below 1.0770, the euro could continue its decline and could even reach 0/8 Murray at 1.0742. the ultimate bearish target is the key level of 1.0700.

We believe that in the next few hours, the euro could resume its bullish cycle, but to do so, we could look for opportunities to buy at current price levels or above 1.0803. Below this area, we should avoid buying or should place a stop loss because a downward acceleration could occur.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.