empty
 
 
03.02.2023 08:36 PM
Technical analysis of EUR/USD for February 03, 2023

This image is no longer relevant

Overview:

The EUR/USD pair has dropped sharply from the level of 1.0917 towards 1.0813. Now, the price is set at 1.0868 to act as a daily pivot point.

It should be noted that volatility is very high for that the EUR/USD pair is still moving between 1.0868 and 1.0766 in coming hours.

Furthermore, the price has been set below the strong resistance at the levels of 1.0899 and 1.0868, which coincides with the 50% and 37.2% Fibonacci retracement level respectively.

Additionally, the price is in a bearish channel now. Amid the previous events, the pair is still in a downtrend. From this point, the EUR/USD pair is continuing in a bearish trend from the new resistance of 1.0917.

Thereupon, the price spot of 1.0917 remains a significant resistance zone. Therefore, a possibility that the EUR/USD pair will have downside momentum is rather convincing and the structure of a fall does not look corrective; In order to indicate a bearish opportunity below 1.0828, sell below 1.0828 with the first targets at 1.0766 (the double bottom is seen at 1.0766).

However, the stop loss should be located above the level of 1.0917.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback