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

10.10.202308:21 Forex Analysis & Reviews: Trading plan for EURUSD on October 10, 2023

Exchange Rates 10.10.2023 analysis

Technical outlook:

EUR/USD is attempting to push above 1.0620 initial resistance to confirm further upside towards 1.0800. The single currency pair is seen to be trading close to 1.0565 at this point in writing and is projected to hit 1.0695 intraday. The bulls would be poised to break above 1.0620 to assert themselves and confirm more upside left.

EUR/USD might have carved an interim low around 1.0450 last week as prices rallied close to 1.0600 last Friday. The counter-trend rally is expected to gain further momentum and push through 1.0800 at least in the near term, which is close to the Fibonacci 0.382 retracement of the earlier drop between 1.1275 and 1.0450 levels respectively.

EUR/USD carved a lower-degree upswing between 1.0450 and 1.0560 levels last week, which has also been retraced already carving a higher low around 1.0480. If the above support holds well, we should witness higher levels towards 1.0620-30 in the immediate short term. Thereafter, a pullback can be expected.

Trading idea:

A potential counter-trend rally is underway towards 1.0800 against 1.0450

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.