empty
 
 
vi
Hỗ trợ
Mở tài khoản ngay lập tức
Tải nền tảng giao dịch Metatrader
Khởi động WebTrader

27.10.202003:49 Forex Analysis & Reviews: EURUSD. Calm before growth

The upward movement of the previous week sets the direction for trading for the current week. The probability of a retest of the October maximum is at 75%. This allows you to use a decline for finding the best prices on the purchase. The main support is the Weekly Control Zone of 1/2 1.1765-1.1754. Testing this zone will allow you to enter a long position with a favorable risk-to-profit ratio. Updating the monthly maximum is only the first goal on the way to strengthening the Euro. The next target level will be the WCZ 1/2 1.1959-1.1948, which is located near the weekly average move.

Exchange Rates 27.10.2020 analysis

Growth may continue from the current levels. To enter the opposition, you will need to form the absorption pattern on a timeframe not lower than M30.

The option of testing the support zone of the WCZ 1/2 will be more likely, as this will lead to the end of the correction phase that began in the second half of last week. Sales of the instrument are not profitable yet due to the formation of an upward cycle. To break the bullish momentum, you will need to close today's trading below the WCZ 1/2 in today's US session.

Exchange Rates 27.10.2020 analysis

If this model is implemented, you will have to give up attempts to buy the instrument. Sales will come to the forefront through the end of October.

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Samanta Kruder,
Analytical expert of InstaSpot
© 2007-2024
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.

Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.