empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

21.02.202309:30 Forex Analysis & Reviews: Indicator analysis: Daily review of EUR/USD on February 21, 2023

Trend analysis (Fig. 1).

The euro-dollar pair may move downward from the level of 1.0684 (closing of yesterday's daily candle) to test 1.0661, the 23.6% pullback level (red dotted line). From this level, continued downward movement is possible to 1.0618, the 14.6% pullback level (red dotted line). When testing this level, the price may move up.

Exchange Rates 21.02.2023 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

  • Indicator analysis - down;
  • Volumes - down;
  • Candlestick analysis - down;
  • Trend analysis - down;
  • Bollinger bands - down;
  • Weekly chart - down.

General conclusion:

Today, the price may move downward from the level of 1.0684 (closing of yesterday's daily candle) to test 1.0661, the 23.6% pullback level (red dotted line). From this level, continued downward movement is possible to 1.0618, the 14.6% pullback level (red dotted line). When testing this level, the price may move up.

Alternatively, the price may move downward from the level of 1.0684 (closing of yesterday's daily candle) to test 1.0661, the 23.6% pullback level (red dotted line). When testing this level, an upward movement is possible to 1.0732, the 38.2% pullback level (red dotted line).

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Stefan Doll,
Analytical expert of InstaSpot
© 2007-2025
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.

Não pode falar agora?
Faça sua pergunta no chat.