empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

01.04.202409:50 Forex Analysis & Reviews: Technical analysis of EUR/USD for April 2024

Trend analysis:

EUR/USD may continue to move upward in April, rising from the level of 1.0793 (closing of the March monthly candle) to the 61.8% retracement level of 1.0959 (red dashed line). Following this will be a further increase toward the 76.4% retracement level of 1.1080 (red dashed line).

Exchange Rates 01.04.2024 analysis

Fig. 1 (monthly chart)

Comprehensive analysis:

Indicator analysis - uptrend

Fibonacci levels - uptrend

Volumes - uptrend

Candlestick analysis - uptrend

Trend analysis - uptrend

Bollinger bands - uptrend

Conclusion: All signals point to an upward movement in EUR/USD.

Overall conclusion: The pair will have a bullish trend, with no first lower shadow on the monthly white candle (first week of the month - white) and a second upper shadow (last week of the month - black).

Therefore, this month, euro will climb from 1.0793 (closing of the March monthly candle) to the 61.8% retracement level of 1.0959 (red dashed line), followed by a further rise toward the 76.4% retracement level of 1.1080 (red dashed line).

Alternatively, it could increase from 1.0793 (closing of the February monthly candle) to the 14.6% retracement level of 1.1021 (yellow dashed line), and then drop to the 61.8% retracement level of 1.0959 (red dashed line).

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Stefan Doll,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.