empty
 
 
09.12.2019 08:44 AM
Indicator analysis: Daily review on December 9, 2019, for EUR / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price may move down with the first target of the support line which is at 1.1041 presented in a red bold line. Upon reaching this line, work up with the target 1.1070 with a pullback level of 38.2% presented in a red dashed line.

This image is no longer relevant

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

Today, after lunch, an upward movement with the first target of 1.1079 is possible this is a pullback level of 50.0% presented in a red dashed line. The next target which is at 1.1088 is a retracement level of 61.8% presented in a red dashed line.

An unlikely scenario is to take place, that is, from the level of 1.1062 there is a moving up with the target of 1.1079 which is a pullback level of 50% presented in a red dashed line.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback