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05.02.202409:16 विदेशी मुद्रा विश्लेषण और समीक्षा: Indicator Analysis of EUR/USD on February 5, 2024

Trend analysis (Fig. 1).

The EUR/USD currency pair may move downward from the level of 1.0786 (closing of Friday's daily candlestick) to 1.0764, the 38.2% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible with a target of 1.0832, the 14.6% pullback level (red dotted line). From this level, the price may continue to move upward.

Exchange Rates 05.02.2024 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

  • Indicator analysis – up;
  • Fibonacci levels – up;
  • Volumes – up;
  • Candlestick analysis – up;
  • Trend analysis – up;
  • Bollinger bands – up;
  • Weekly chart – up.

Today, the price may move downward from the level of 1.0786 (closing of Friday's daily candlestick) to 1.0764, the 38.2% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible with a target of 1.0832, the 14.6% pullback level (red dotted line). From this level, the price may continue to move upward.

Alternatively, the price may move upward from the level of 1.0786 (closing of Friday's daily candlestick) to 1.0832, the 14.6% pullback level (red dotted line). From this level, the price may move down.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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