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

10.02.202309:45 Forex Analysis & Reviews: Indicator analysis: Daily review of EUR/USD on February 10, 2023

Trend analysis (Fig. 1).

The euro-dollar pair may move downward from the level of 1.0737 (closing of yesterday's daily candle) to the 1.0717 support level (thick blue line). When testing this level, an upward movement is possible with the target of 1.0930, the 38.2% pullback level (red dotted line).

Exchange Rates 10.02.2023 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

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

General conclusion:

Today, the price may move downward from the level of 1.0737 (closing of yesterday's daily candle) to the 1.0717 support level (thick blue line). When testing this level, an upward movement is possible with the target of 1.0930, the 38.2% pullback level (red dotted line).

Alternatively, the price may move downward from the level of 1.0737 (closing of yesterday's daily candle) to 1.0669, the lower fractal (red dotted line). When testing this level, an upward movement is possible with the target of 1.0746, the 61.8% pullback level (blue dotted line).

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

Stefan Doll,
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.