empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

04.09.202007:02 Forex Analysis & Reviews: Control Zones EUR/USD 09/04/20

The halt of the fall at the weekly short-circuit of 1.1811-1.1791 allowed some of the sales to be fixed. The main resistance is WCZ 1/2 1.1899-1.1889. If ever the EUR / USD pair fails to merge above the specified zone, the downward movement will press on, and the main target will be the low mark of the current week.

Exchange Rates 04.09.2020 analysis
Despite this, the work in the downward direction should still be prioritized. Therefore, purchases opened after the test of the weekly short-circuit should be transferred to break-even.

The upward reversal pattern will develop should today's trading closes above WCZ 1/2. This situation will pave the way for further growth in the next week. The target of the upward movement will be the weekly CZ 1.2009-1.1989, which coincides with the September maximum.

Exchange Rates 04.09.2020 analysis

Daily control zone. This is an area formed by principal data from the futures market that adjusts several times yearly.

Weekly control zone. This is an area formed by important marks of the futures market, which also change several times a year.

Monthly control zone. This is a zone that presents the reflection of the average volatility over the past year.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Samanta Kruder,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.