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

23.05.202415:02 Forex Analysis & Reviews: Trading Signals for EUR/USD for May 23-25, 2024: buy above 1.0834 (200 EMA - rebound)

Exchange Rates 23.05.2024 analysis

Early in the American session, the Euro (EUR/USD) is trading around 1.0825, above the 21 SMA, and above the 200 EMA with a good technical rebound after it reached the bottom of the downtrend channel during the European session.

The H1 chart shows that the euro is within a downtrend channel. If it consolidates above 1.0834 in the next few hours, it could reach the top of the downtrend channel around 1.0866.

In case the euro falls below 1.0830, we could expect it to reach the daily S_1 around 1.0804. The instrument could even accelerate its decline and reach the first weekly support located at 1.0790.

Technically, the euro is oversold. So, any decline during the next few hours will be seen as an opportunity to buy.

Some important data from the United States could move the euro, but the idea is to buy above 1.0800. The eagle indicator supports our bullish strategy since it is giving a positive signal.

*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.