Currency Analysis
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DivisasEURUSD Market Analysis – 5 downtrend signals, on one condition! The euro is close to 1.37 while writing this review, and exceeded the 76.4% Fibonacci short term (1.3686), With very FEW points, Before Slightly easing to 1.3667. We have attached a graph showing a wave count suggest, Which is a very clear set of 5 waves, all the rules Respecting Elliott Within This set. THUS, while the euro is below the point That started this series, we Ensure That the downtrend is under control, and assume the rise of 1.3529 That Which occurred on Friday and is close to 1.37 now, is just a correction. The resistance of the resistance of 1.3686 day. If it breaks this level, the euro and 1.3838 0.3769 Can be skipped too. If the price starts to go Above 1.37, it is important to keep your eyes on 1.3734 as have a lot This TOP of “Importance Elliott” (below: a Tendency to fall, and above: uptrend). The support is 1.3652, Million Dollar Pips the break Would AIM to 1.3590, and The Lowest level of 1.3529 on Friday May be important. Support: • 1.3652: Fibonacci 38.2% for the short term. • 1.3590: Fibonacci 61.8% for the short term. • 1.3529: Low viernes.Resistencia: • 1.3686: Fibonacci 76.4% for the drop from 1.3734. • 1.3769: The top of the downstream channel on the hourly charts, and a very important resistance for the short and medium term. • 1.3838: Rise of February 9. Forexpros.es information portal Analysis Involving Indexes Munther.Exoneración responsibility: Trading futures, options and currencies Involves Risk of loss and substantial businesses May Not Be Suitable for all investors. Should Carefully Consider whether your particular situation before you Have the Knowledge, experience and resources to Operate In These NECESSARY markets. Can You lose all the capital invested, or Their Losses That Exceed the funds originally deposited. Follow our advice, opinions and recommendations and make money with forex.