Vea también
The EUR/USD currency pair continued to trade sideways on Friday. The market continues to ignore all macroeconomic data, and last week once again confirmed this obvious fact. Even without considering secondary reports, we observed movements in the market only on Monday and Tuesday. Naturally, in both cases, these movements were triggered by Donald Trump. However, this time, they were not related to trade issues but to Jerome Powell. First, Trump stated that Powell should be fired, and the market immediately rushed to sell the US dollar. Then Trump said he was no longer planning to fire Powell, and the dollar returned to its previous positions. Excluding these moves, the pair continues its sideways movement without news about the global trade war. The sideways channel is easy to identify, ranging from 1.1275 to 1.1424.
In the 5-minute timeframe, the movements are not particularly appealing. The price moves at the speed of light or trades in a clear flat. It remained in a clear flat on Wednesday, Thursday, and Friday, and even macroeconomic data could not stir it. Nevertheless, on Friday, the price rebounded twice from the 1.1330 level, although neither rebound was precise. Thus, novice traders could have opened long positions on each bounce, but the overall volatility during the European and American sessions was only 67 pips, and the target level of 1.1413 was not reached even once.
The EUR/USD pair maintains an upward trend in the hourly timeframe. Last week started with a new rally, but by Tuesday, Trump had already provoked a decline. If we disregard these movements, the market has actually been flat for two weeks. Overall, the market remains extremely negative toward the U.S. dollar and everything American. However, if Trump shifts toward de-escalating the trade conflict he initiated, the dollar could improve its position soon.
On Monday, the pair could once again move in either direction, as all market movements still depend on Trump's statements and decisions. If Trump does not deliver any major news over the weekend, the flat movement could continue on Monday.
On the 5-minute timeframe, the following levels should be considered: 1.0940–1.0952, 1.1011, 1.1091, 1.1132–1.1140, 1.1189–1.1191, 1.1275–1.1292, 1.1330, 1.1413–1.1424, 1.1474–1.1481, 1.1513, 1.1548, 1.1571, 1.1607–1.1622, 1.1666, 1.1689. On Monday, no major reports or events are scheduled in the Eurozone or the United States. However, it is important to continue monitoring Trump's speeches.
Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders.
Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading.
MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals.
Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals.
Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success.
You have already liked this post today
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
Análisis del par GBP/USD 5M. El par de divisas GBP/USD durante el miércoles, a diferencia del par EUR/USD, continuó tranquilamente su movimiento hacia el Norte. Durante el día no hubo
Análisis del par EUR/USD 5M. El par de divisas EUR/USD durante el miércoles no mostró ningún movimiento interesante, y el mercado no mostró ningún interés en los acuerdos comerciales
Ayer se formaron varios puntos de entrada al mercado. Vamos a ver el gráfico de 5 minutos y entender qué ocurrió. En mi pronóstico de la mañana presté atención
Ayer se formaron varios puntos de entrada al mercado. Vamos a ver el gráfico de 5 minutos y entender qué pasó allí. En mi pronóstico de la mañana presté atención
El par de divisas GBP/USD también continúa su movimiento ascendente durante el martes. La nueva caída de la moneda estadounidense puede intentarse vincular con el discurso de Jerome Powell, como
El par de divisas EUR/USD durante el martes permaneció inmóvil durante la primera mitad del día y en la segunda mitad se negoció al alza. En la segunda mitad
Ayer se formaron varios puntos de entrada al mercado. Vamos a mirar el gráfico de 5 minutos y analizar lo que ocurrió. En mi pronóstico de la mañana presté atención
El par GBP/USD mostró el lunes exactamente los mismos movimientos que el par EUR/USD. Por lo tanto, es evidente que en todo el mercado el dólar estadounidense comenzó una nueva
El par de divisas EUR/USD aparentemente completó el lunes una tendencia bajista de tres semanas. Recordemos que durante al menos las últimas dos semanas, desde Estados Unidos llegaba una gran
El viernes pasado se formó solo un punto de entrada al mercado. Veamos el gráfico de 5 minutos y analicemos lo que ocurrió. En mi pronóstico de la mañana, presté
Gráfico Forex
versión web
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.