empty
 
 
cn
支持
即时开户
交易平台
入金/出金

28.09.202310:55 Forex Analysis & Reviews: EUR/USD and GBP/USD: Trading plan for beginner traders on September 28, 2023

Details of the Economic Calendar on September 27

Orders for durable goods in the United States unexpectedly rose by 0.2% in August, despite expectations of a 1.4% decline. This disparity in expectations led to the subsequent strengthening of the U.S. dollar.

Analysis of Trading Charts from September 27

The EUR/USD currency pair reached the 1.0500 support level during the inertial movement. As a result, a reduction in short positions was observed, but a speculative bearish sentiment still prevails among market participants.

The GBP/USD pair stabilized below the 1.2150 level, indicating a prevailing bearish sentiment among market participants.

Exchange Rates 28.09.2023 analysis

Economic Calendar for September 28

Today, the final GDP data for the United States is expected to be published, but it is expected to merely confirm the preliminary estimates already factored in by the market.

Attention may be drawn to the U.S. jobless claims, where an increase is anticipated. Detailed statistical data shows that the volume of continuing jobless claims may rise from 1.662 million to 1.675 million, while initial jobless claims may increase from 201,000 to 215,000.

Time Targeting

EU GDP – 12:30 UTC

U.S. Jobless Claims – 12:30 UTC

EUR/USD Trading Plan for September 28

Stabilization of the price below the 1.0500 support level may further weaken the euro's exchange rate, contrary to technical signals of oversold conditions. In this case, the inertial trend driven by speculators may persist in the market for some time.

As for the bullish scenario, traders view it as a technical rebound. The area around the 1.0500 support level may serve as a support.

Exchange Rates 28.09.2023 analysis

GBP/USD Trading Plan for September 28

In case the inertial trend persists in the market, and traders continue to ignore the technical oversold signal of the British pound, a subsequent decline in the exchange rate towards the psychological level of 1.2000 is possible.

Exchange Rates 28.09.2023 analysis

What's on the charts

The candlestick chart type is white and black graphic rectangles with lines above and below. With a detailed analysis of each individual candle, you can see its characteristics relative to a particular time frame: opening price, closing price, intraday high and low.

Horizontal levels are price coordinates, relative to which a price may stop or reverse its trajectory. In the market, these levels are called support and resistance.

Circles and rectangles are highlighted examples where the price reversed in history. This color highlighting indicates horizontal lines that may put pressure on the asset's price in the future.

The up/down arrows are landmarks of the possible price direction in the future.

*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。

Gven Podolsky,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

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。

现在无法通话?
提出您的问题,用 在线帮助.