empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

13.10.202213:14 Forex Analysis & Reviews: Trading plan for EURUSD on October 13, 2022

Exchange Rates 13.10.2022 analysis

Technical outlook:

EURUSD dropped below the 0.9667 low intraday on Wednesday before finding support again. The single currency pair is seen to be trading close to 0.9725 at this point in writing as the bulls are ready to come back in control. Yet another low cannot be ruled out and the same could be seen around the 0.9630-40 area which matches the Fibonacci 0.786 retracement of the recent upswing.

EURUSD has potentially carved two waves of the proposed corrective rally from 0.9535 earlier. The first wave completed at 0.9999 while the second one is potentially terminating at around 0.9670, which is also the Fibonacci 0.618 retracement of the above rally. A bullish reversal here would indicate that the third wave has begun towards 1.0200 and higher.

EURUSD is facing resistance at 1.0200, followed by 1.0365 and 1.0750, while interim support comes in around 0.9535. Prices need to stay above 0.9535 to keep the above bullish structure intact. Potential targets are supposed at 1.0200, 1.0300, and 1.0600. Watch out for a potential Morning Star candlestick pattern to be carved on the daily chart.

Trading idea:

Potential rally through 1.0200 and higher against 0.9535

Good luck!

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.