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

21.09.202106:35 Forex Analysis & Reviews: Will the EUR/USD pair continue to decline?

Exchange Rates 21.09.2021 analysis

The downward movement of the EUR/USD pair remains an impulse. Yesterday's stop of the fall was provoked by reaching a significant support zone, which was formed in August. If it is not broken, then we should wait for the formation of a medium-term flat.

The last daily candle formed a local accumulation zone. This indicates the presence of buy limit orders. The nearest resistance is the Weekly Control Zone 1/4 1.1748-1.1744. Testing this zone and forming a sell pattern will stop the growth. There is an 80% probability of updating the weekly low, so finding an entry sell point is the main strategy.

Exchange Rates 21.09.2021 analysis

The situation will become harder if today's trading closes above the opening level of the Friday candlestick. The absorption pattern of the higher timeframe will be formed and the probability to further rise will increase to 80%. At the same time, trading in the downward direction will be completed this week.

It is worth noting that the Euro can act as a driver for all other instruments relative to the US dollar. Tracking the movement of the EUR/USD pair is important when trading all other major currencies.

*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.