我们的团队有超过700万的操盘手!
我们每天都在一起努力改善交易。我们得到了很高的成绩,并继续前进。
世界各地数以百万计的操盘手的认可是我们工作的最大赞赏! 您做出了您的选择,我们将尽一切努力来满足您的期望!
我们是一个共同的伟大团队!
InstaSpot. 自豪地为您工作!
Our strategy of analysis today: Head & Shoulder Pattern.
Downtrend : Reversal of trend after confirmation of Head and Shoulder (H&S).
EUR/USD pair :
If the pair fails to pass through the level of 1.0594, the market will indicate a bearish opportunity below the strong resistance level of 1.0594. In this regard, sell deals are recommended lower than the 1.0594 level with the first target at 1.0500.
It is possible that the pair will turn downwards continuing the development of the bearish trend to the level 1.0475. Third objective will be located at 1.0450.
Nevertheless, stop loss has always been in consideration thus it will be useful to set it above the last double top at the level of 1.0616 (notice that the major resistance today has set at 1.0616).
The trend of EUR/USD pair movement was controversial as it took place in the downtrend channel. Due to the previous events, the price is still set between the levels of 1.0616 and 1.0500, so it is recommended to be careful while making deals in these levels because the prices of 1.0616 and 1.0500 are representing the resistance and support respectively.
Therefore, it is necessary to wait till the downtrend channel is passed through. Then the market will probably show the signs of a bearish market.
The EUR/USD pair hit the weekly pivot point and resistance 1, because of the series of relatively equal highs and equal lows. But the pair has dropped down in order to bottom at the point of 1.0520.
Hence, the major support was already set at the level of 1.0500. Moreover, the double bottom is also coinciding with the major support this week.
Additionally, the RSI (The Relative Strength Index) is still calling for a strong bullish market as well as the current price is also above the moving average 100. The EUR/USD pair has faced strong resistances at the levels of 1.0594 because support had become resistance last week.
So, the strong resistance has been already formed at the level of 1.0594 and the pair is likely to try to approach it in order to test it again.
However, if the pair fails to pass through the level of 1.0594, the market will indicate a bearish opportunity below the new strong resistance level of 1.0594 (the level of 1.0594 coincides with a ratio of 50% Fibonacci).
Additionally, the price is in a bearish channel now. Amid the previous events, the pair is still in a downtrend. From this point, the EUR/USD pair is continuing in a bearish trend from the new resistance of 1.0594.
Thereupon, the price spot of 1.0594 remains a significant resistance zone. Therefore, a possibility that the EUR/USD pair will have downside momentum is rather convincing and the structure of a fall does not look corrective.
In other words, sell deals are recommended below the price of 1.0594 with the first target at the level of 1.0500.
From this point, the pair is likely to begin a descending movement to the price of 1.0500 with a view to test the daily support at 1.0500.
On the other hand, if the EUR/USD pair fails to break through the support level of 1.0500 today, the market will rise further to 1.0594.
The pair is expected to climb higher towards at least 1.0616 with a view to test the weekly support 2. Also, it should be noted that the weekly support 2 will act as major resistance today.
*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。
InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。