empty
 
 
05.06.2019 02:52 PM
EUR/USD: plan for the American session on June 5. Weak inflation and retail sales stopped the growth of the euro

To open long positions on EURUSD, you need:

The buyers tried to continue the growth of the European currency in the first half of the day, however, weak reports on inflation and the reduction of volume of retail sales has led to a sharp drop in the euro against the dollar. At the moment, it is best to return to long positions after updating the new support level in the area of 1.1241, provided that there is a false breakdown or a rebound from a larger area of 1.1200. The main task of the bulls by the end of the day will be to update the resistance of 1.1286, which will retain the upward potential in the pair and lead to the update of the highs in the area of 1.1333.

To open short positions on EURUSD, you need:

Sellers returned to the market after weak reports, and at the moment, their goal is the support of 1.1241, which will be the first profit taking on short positions. The main task for the second half of the day will be the breakdown of this level, which will allow collapsing EUR/USD in the area of the minimum of 1.1200, where I recommend fixing the profit. In the case of euro growth scenario, after weak data on the ISM index for the non-manufacturing sector of the United States, you can count on short positions from the resistance of 1.1286 or from a new high of 1.1333.

Indicator signals:

Moving Averages

Trading is conducted in the area of 30 and 50 moving averages, which indicates a slowdown in the upward trend of the euro.

Bollinger Bands

Support will be provided by the lower limit of the indicator in the area of 1.1241, a breakthrough of which may increase the pressure on the euro.

This image is no longer relevant

Description of indicators

  • MA (moving average) 50 days – yellow
  • MA (moving average) 30 days – green
  • MACD: fast EMA 12, slow EMA 26, SMA 9
  • Bollinger Bands 20
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 $8000 lebih banyak!
    Pada Maret kami mengundi $8000 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