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

24.04.202417:40 Forex Analysis & Reviews: Trading Signals for EUR/USD for April 24-26, 2024: buy above 1.0670 (21 SMA - 3/8 Murray)

Exchange Rates 24.04.2024 analysis

EUR/USD is trading around 1.0695 within the uptrend channel forming since April 15, above the 21 SMA, and above the 2/8 Murray.

On the H4 chart, we can see that the euro is showing signs of exhaustion. So, a technical correction is likely to occur in the coming hours. The key point for the euro to resume its bullish cycle could be around 1.0670 (21 SMA) or at the bottom of the uptrend channel around 1.0651.

We believe that the euro could extend its rise in the next few days and could reach 4/8 Murray located at 1.0742. Finally, EUR/USD could climb to the 200 EMA located at 1.0760.

A close above 1.0760 and above 4/8 Murray on the H4 chart will mean a longer bullish potential. Therefore, EUR/USD could rise to the psychological level of 1.10 in the short term.

Conversely, a sharp break below the uptrend channel and fixation below 1.0650 will enable the euro to reach 1.0620 and 1/8 Murray around 1.0559.

*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.