empty
 
 
24.05.2017 12:56 PM
EUR/USD analysis for May 24, 2017

This image is no longer relevant

Recently, the EUR/USD has been trading downwards. As I expected, the price tested the level of 1.1170. Anyway, according to the 15M time frame, I found a fake breakout of yesterday's low at the price of 1.1175. There is also a hidden bullish divergence on the moving average oscillator, which is another sign of potential strength. I have placed Fibonacci retracement to find potential upward targets. I got Fibonacci retracement 50% at the price of 1.1220 and Fibonacci retracement 61.8% at the price of 1.1230. My advice is to watch for buying opportunities today.

Resistance levels:

R1: 1.1245

R2: 1.1265

R3: 1.1305

Support levels:

S1: 1.1170

S2: 1.1150

S3: 1.1110

Trading recommendations for today: watch for potential buying opportunities.

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