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

06.06.202417:56 Forex Analysis & Reviews: Trading Signals for EUR/USD for June 6-8, 2024: buy above 1.0870 (21 SMA - 6/8 Murray)

Exchange Rates 06.06.2024 analysis

Early in the American session, the EUR/USD pair is trading around 1.0874 within an uptrend channel and above support coinciding with 6/8 Murray. The instrument is following a bullish bias but showing signs of exhaustion.

The euro has been consolidating on the H4 chart. We see it trading above 6/8 Murray, but it finds it difficult to break the uptrend channel and consolidate above 1.0925.

If the euro continues to rise, we could look for opportunities to buy above 1.0870, with targets at 1.0900 and 1.0925.

On the contrary, in case the euro falls below 6/8 Murray, it will be seen as a sell signal and we could sell EUR/USD with the target at 5/8 Murray around 1.0803.

The eagle indicator is giving a negative signal. Hence, it is likely that if the euro breaks the secondary uptrend channel, the instrument could accelerate its decline and fall to the support zone of 1.0818 to 1.0800.

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

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
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.