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

01.04.202408:57 Forex Analysis & Reviews: Technical analysis of EUR/USD for April 1-6, 2024

Trend analysis

EUR/USD may start moving upward this week, rising from 1.0793 (closing price of the last weekly candle) to the 38.2% retracement level of 1.0864 (red dashed line). Upon testing this level, the pair will move further up towards the 50% retracement level of 1.0916 (red dashed line).

Exchange Rates 01.04.2024 analysis

Fig. 1 (weekly chart)

Comprehensive analysis:

Indicator analysis - upward

Fibonacci levels - upward

Volumes - upward

Candlestick analysis - upward

Trend analysis - upward

Bollinger bands - upward

Monthly chart - upward

Conclusion: The indicators point to an upward movement in EUR/USD.

Overall conclusion: The pair will have a bullish trend, with no first lower shadow on the weekly white candle (Monday - upward) and a second upper shadow (Friday - downward).

Therefore, during the week, euro will climb from 1.0793 (closing price of the last weekly candle) to the 38.2% retracement level of 1.0864 (red dashed line), followed by a further rise to the 50% retracement level of 1.0916 (red dashed line).

Alternatively, it could decline from 1.0793 (closing price of the last weekly candle) to the 14.6% retracement level of 1.0759 (red dashed line), and then rise to the 50% retracement level of 1.0916 (red dashed line).

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

Stefan Doll,
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.