empty
 
 
25.10.2021: Forex Analysis & Reviews: EUR/USD analysis for October 25, 2021 - Strong downside breakout of balance


Technical
analysis:

analytics6176a429e9b04.jpg


EUR/USD
has been trading strongly to the downside. The EUR did breakout of
rising trend line and there is still more potential for further drop
towards 1,1527.


Trading
recommendation:


Due
to strong downside momentum and the breakout of the rising trend line,
I see potential for the downside continuation.


Watch
for selling opportunities on the rallies with the downside targets at
the price of 1,1575 and 1,1525.


Stochastic
is showing fresh new bear cross, which is another sign for weakens...


Key
resistance is set at the price of 1,1666

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

  • 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 $6000 more!
    In December we raffle $6000 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
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback