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1 Technical analysis for Gold for November 20, 2018
Gold price is trading around $1,224 remaining in a bullish short-term trend. Price is now above the 61.8% Fibonacci...
Gold price is trading around $1,224 remaining in a bullish short-term trend. Price is now above the 61.8% Fibonacci retracement but the upward momentum has weakened according to the 4hour RSI. I expect Gold to pull back or start a new downward move from current levels. Red rectangle - major resistance Blue rectangle - major support Green trend line - short-term trend support Gold price is making higher highs and higher lows in small time frames. However in the Daily chart we remain...

Gold price is trading around $1,224 remaining in a bullish short-term trend. Price is now above the 61.8% Fibonacci retracement but the upward momentum has weakened according to the 4hour RSI. I expect Gold to pull back or start a new downward move from current levels.

analytics5bf3b50ab22c4.png

Red rectangle - major resistance

Blue rectangle - major support

Green trend line - short-term trend support

Gold price is making higher highs and higher lows in small time frames. However in the Daily chart we remain below the key resistance of $1,243.50. Gold price shows bearish divergence RSI signs in the 4 hour chart and if short-term support at $1,218 is broken, I will assume that the entire bounce is over and we should at least challenge the green trend line at $1,210-$1,205 area. Gold price has important support at $1,196 that if broken, we will see prices move towards the blue rectangle area at least. If the red rectangle resistance is broken Gold could rally 20$ higher. I continue to consider this bounce as a selling opportunity with stops at the highs of October and remain bearish as long as we trade below that area.

Forex analysis 20 Nov 2018, 06:21 UTC+00
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2 GBP / USD pair: plan for the American session on November 20. The pound remains in the side channel
The bears did not allow the pound buyers to break through the resistance level of 1.2877, which I talked about in...
To open long positions on GBP / USD you need: The bears did not allow the pound buyers to break through the resistance level of 1.2877, which I talked about in more detail in my morning review. At the moment, the challenge is still the breakthrough of 1.2877, which will open a direct road to the area of maximum 1.2962, where I recommend taking profits. In the case of a decrease in the pound in the second half of the day, support is expected at the level of 1.2799. However, it is best to...

To open long positions on GBP / USD you need:

The bears did not allow the pound buyers to break through the resistance level of 1.2877, which I talked about in more detail in my morning review. At the moment, the challenge is still the breakthrough of 1.2877, which will open a direct road to the area of maximum 1.2962, where I recommend taking profits. In the case of a decrease in the pound in the second half of the day, support is expected at the level of 1.2799. However, it is best to open long positions immediately on the rebound from the low of 1.2725.

To open short positions on GBP / USD you need:

Failure to consolidate above the resistance of 1.2877 led to the sale of the British pound, which I spoke about in my morning forecast. A decline and breakdown of support at 1.2799, where the GBP/USD pair is currently aiming, will lead to a larger sale of testing 1.2725 and 1.2662 minimum, where I recommend taking profits. In the case of positive news on Brexit, a break of 1.2877 will lead to an increase in pounds. In such a scenario, it is best to open short positions to rebound from the highs of 1.2962 and 1.3039.

Indicator signals:

Moving averages

Trade is conducted in the 30- and 50-day average, which indicates the lateral nature of the market.

Bollinger bands

The Bollinger Bands indicator indicates a decrease in volatility and does not give signals on market entry.

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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

Forex analysis 20 Nov 2018, 12:23 UTC+00
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3 GBP/USD: plan for the European session on November 20. The pound continues to experience uncertainty with Brexit
GBP/USD: plan for the European session on November 20. The pound continues to experience uncertainty with Brexit
To open long positions for GBP/USD, it is required: Yesterday, buyers tried to return to the market, but failed to break above an important level of resistance. At the moment, the main task is to break the upper limit of the channel in the area of 1.2877, which will lead to the formation of a new upward wave with an exit to the highs in the area of 1.2962 and 1.3040, where I recommend taking profit. In case the pound declines, support will be at the level of 1.2799, however, it would be...

To open long positions for GBP/USD, it is required:

Yesterday, buyers tried to return to the market, but failed to break above an important level of resistance. At the moment, the main task is to break the upper limit of the channel in the area of 1.2877, which will lead to the formation of a new upward wave with an exit to the highs in the area of 1.2962 and 1.3040, where I recommend taking profit. In case the pound declines, support will be at the level of 1.2799, however, it would be best to open long positions immediately to a rebound from the low of 1.2725.

To open short positions for GBP/USD, it is required:

Like yesterday, an unsuccessful consolidation above the resistance of 1.2877 will be a signal to open short positions in order to drop to the area of the first support of 1.2799, the breakdown of which will lead to a larger sell-off of the GBP/USD with a minimum test of 1.2725, where I recommend taking profit. In case of positive news on Brexit, a breakthrough of 1.2877 will lead to an increase in the pound. In this scenario, it is best to open short positions by rebounding from the high of 1.2962 and 1.3039.

Indicator signals:

Moving averages

Trading is conducted in the area of 30-day and 50-day moving averages, which indicates the formation of the lateral nature of the market.

Bollinger Bands

The Bollinger Bands indicator indicates a decrease in volatility and does not provide signals on entering the market.

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Indicator description

  • Moving Average (average sliding) 50 days - yellow
  • Moving Average (average sliding) 30 days - green
  • MACD: fast EMA 12, slow EMA 26, SMA 9
  • Bollinger Bands 20
Forex analysis 20 Nov 2018, 06:18 UTC+00
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4 Simplified Wave Analysis. USD / CHF review for the week of October 20
The low potential of the current price reduction makes selling a pair very risky. It is recommended to refrain from...
Wave pattern graphics H 4: The last completed wave of this scale from May to September formed a descending segment. In a larger model, it became a correction (B). The level of the subsequent ascending segment is not yet down to H4. Wave pattern graphics H1: Rising wave of September 21 in the main bullish wave of the daytime TF began a final climb (C). The latent correction is nearing completion in the wave structure. Wave pattern graphics M15: The descending section of the schedule...

Wave pattern graphics H 4:

The last completed wave of this scale from May to September formed a descending segment. In a larger model, it became a correction (B). The level of the subsequent ascending segment is not yet down to H4.

Wave pattern graphics H1:

Rising wave of September 21 in the main bullish wave of the daytime TF began a final climb (C). The latent correction is nearing completion in the wave structure.

analytics5bf3aa1203606.jpg

Wave pattern graphics M15:

The descending section of the schedule of November 13 completes a bearish wave of a larger scale having the wrong kind of structure. The minimum level of elongation is passed; the reference is the next calculated support area.

analytics5bf3aa234862b.jpg

Recommended trading strategy:

The low potential of the current price reduction makes selling a pair very risky. It is recommended to refrain from trading and monitor reversal signals in order to search for entry into long positions.

Resistance zones:

- 1.0250 / 1.0300

- 1.0070 / 1.0020

Support areas:

- 0.9870 / 0.9820

Explanations to the figures: The simplified wave analysis uses waves consisting of 3 parts (A - B - C) . For the analysis, 3 main TFs are used. On each the last, incomplete wave is analyzed. Zones show calculated areas with the highest probability of reversal.

The arrows indicate the wave marking by the method used by the author. The solid background shows the formed structure, the dotted - the expected movement.

Note: The wave algorithm does not take into account the duration of tool movements over time. To conduct a trade transaction, you need confirmation signals from the trading systems you use.

Forex analysis 20 Nov 2018, 06:27 UTC+00
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5 Technical analysis for EUR/USD for November 20, 2018
EUR/USD is in a bullish short-term trend since bottoming around 1.1215. Our first target of 1.13 was reached and our...
EUR/USD is in a bullish short-term trend since bottoming around 1.1215. Our first target of 1.13 was reached and our next target of 1.1450-1.15 is also accomplished. There are no bearish divergence signs in short time frames but bulls should be very cautious from now on. Yellow rectangle - resistance Blue rectangle - short-term support Green rectangle - trend support Green line - trend line support EUR/USD is approaching its last high. This is resistance area. Support is at...

EUR/USD is in a bullish short-term trend since bottoming around 1.1215. Our first target of 1.13 was reached and our next target of 1.1450-1.15 is also accomplished. There are no bearish divergence signs in short time frames but bulls should be very cautious from now on.

analytics5bf3b7b22d000.png

Yellow rectangle - resistance

Blue rectangle - short-term support

Green rectangle - trend support

Green line - trend line support

EUR/USD is approaching its last high. This is resistance area. Support is at 1.14-1.1390. If broken we would have the first weakness sign. If this happens we would most probably have a break of the green RSI trend line. We are very close to breaking it. Price of the RSI is marginally holding above it. So bulls need to be very careful as the RSI is reaching overbought levels. A break below the green rectangle area will confirm that we are in a new downward leg towards 1.1050. Breaking above 1.15 area would be a bullish sign but price should not be chased by bulls at current levels.

Forex analysis 20 Nov 2018, 06:32 UTC+00
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6 Elliott wave analysis of EUR/JPY for November 20, 2018
EUR/JPY has traded within a very narrow band the last 24 hours. Nothing has changed and we continue to look for more...
EUR/JPY has traded within a very narrow band the last 24 hours. Nothing has changed and we continue to look for more downside pressure in wave C towards 123.66 to complete wave (E) and the long-term triangle consolidation. A break above 129.35 will be of concern, but it will take a break above 130.13 to invalidate the C-wave target and indicate that wave (E) already has completed and a new impulsive rally is building. R3: 130.13 R2: 129.40 R1: 129.06 Pivot: 128.90 S1: 128.40 S2:...

analytics5bf3a80bf284e.png

EUR/JPY has traded within a very narrow band the last 24 hours. Nothing has changed and we continue to look for more downside pressure in wave C towards 123.66 to complete wave (E) and the long-term triangle consolidation.

A break above 129.35 will be of concern, but it will take a break above 130.13 to invalidate the C-wave target and indicate that wave (E) already has completed and a new impulsive rally is building.

R3: 130.13

R2: 129.40

R1: 129.06

Pivot: 128.90

S1: 128.40

S2: 128.00

S3: 127.74

Trading recommendation:

We sold EUR at 128.75 with our stop placed at 129.75.

Forex analysis 20 Nov 2018, 05:24 UTC+00
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7 Elliott wave analysis of EUR/NZD for November 20, 2018
With the break above 1.6706 it was confirmed that wave iii/ had completed and wave iv/ towards at least 1.6914 is...
With the break above 1.6706 it was confirmed that wave iii/ had completed and wave iv/ towards at least 1.6914 is developing. The former resistance at 1.6706 now acts as support and will ideally protect the downside for the expected continuation higher to 1.6914. Only an unexpected break below support at 1.6561 will invalidate the expected rally towards at least 1.6914. R3: 1.6836 R2: 1.6793 R1: 1.6731 Pivot: 1.6706 S1: 1.6660 S2: 1.6570 S2: 1.6561 Trading recommendation: We...

analytics5bf3a9a6209f7.png

With the break above 1.6706 it was confirmed that wave iii/ had completed and wave iv/ towards at least 1.6914 is developing. The former resistance at 1.6706 now acts as support and will ideally protect the downside for the expected continuation higher to 1.6914.

Only an unexpected break below support at 1.6561 will invalidate the expected rally towards at least 1.6914.

R3: 1.6836

R2: 1.6793

R1: 1.6731

Pivot: 1.6706

S1: 1.6660

S2: 1.6570

S2: 1.6561

Trading recommendation:

We are long EUR from 1.6706 and we have placed our stop at 1.6555. Upon a break above 1.6768 we will move our stop higher to break-even.

Forex analysis 20 Nov 2018, 05:32 UTC+00
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8 Fractal analysis of major currency pairs for November 20
For the Euro / Dollar currency pair, we expect the upward movement to continue after the breakdown of 1.1470. For the...
Dear colleagues. For the Euro / Dollar currency pair, we expect the upward movement to continue after the breakdown of 1.1470. For the currency pair Pound / Dollar, the potential for the top of November 15 is still relevant as the initial structure. For the currency pair Dollar / Franc, the maximum value for the downward structure of November 13 is at the level of 0.9885. For the currency pair Dollar / Yen, we expect a further downward movement after the breakdown of 112.35. For the...

Dear colleagues.

For the Euro / Dollar currency pair, we expect the upward movement to continue after the breakdown of 1.1470. For the currency pair Pound / Dollar, the potential for the top of November 15 is still relevant as the initial structure. For the currency pair Dollar / Franc, the maximum value for the downward structure of November 13 is at the level of 0.9885. For the currency pair Dollar / Yen, we expect a further downward movement after the breakdown of 112.35. For the currency pair Euro / Yen, the price is in equilibrium. For the Pound / Yen currency pair, we expect the move to the level of 143.41, and we consider the move to the top as a correction.

Forecast for November 20:

Analytical review of H1-scale currency pairs:

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For the Euro / Dollar currency pair, the key levels on the H1 scale are: 1.1544, 1.1494, 1.1469, 1.1430, 1.1401 and 1.1363. Here, we continue to monitor the ascending structure of November 12. The short-term upward movement is expected in the range of 1.1469 - 1.1494 and the breakdown of the latter value will lead to a movement to the potential target of 1.1544, upon reaching this level, we expect a rollback downwards.

The short-term downward movement is possible in the range of 1.1430 - 1.1401 and the breakdown of the latter value will lead to a prolonged correction. Here, the target is 1.1363 and this level is the key support for the top.

The main trend is the upward structure of November 12.

Trading recommendations:

Buy 1.1470 Take profit: 1.1492

Buy 1.1496 Take profit: 1.1540

Sell: 1.1430 Take profit: 1.1404

Sell: 1.1396 Take profit: 1.1370

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For the Pound / Dollar currency pair, the key levels on the H1 scale are: 1.2966, 1.2928, 1.2878, 1.2843, 1.2729, 1.2691 and 1.2603. Here, the price forms a small potential for the top of November 15 in the correction of the downward structure. We expect the downward movement to continue after the price passes the range of 1.2729 - 1.2691. In this case, the potential target is 1.2603, upon reaching this level, we expect a rollback to the top.

The short-term upward movement is possible in the range of 1.2843 - 1.2878 and the breakdown of the latter value will lead to a prolonged correction. Here, the target is 1.2928. The range of 1.2928 - 1.2966 is the key support for the downward movement. Before it, we expect the initial conditions for the upward cycle to be formed.

The main trend is the downward structure of November 7, the formation of potential for the top of November 15.

Trading recommendations:

Buy: 1.2845 Take profit: 1.2876

Buy: 1.2880 Take profit: 1.2926

Sell: 1.2690 Take profit: 1.2610

Sell: Take profit:

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For the Dollar / Franc currency pair, the key levels on the H1 scale are: 1.0013, 0.9985, 0.9959, 0.9943, 0.9923, 0.9909 and 0.9885. Here, we continue to follow the development of the downward structure of November 13. The short-term downward movement is possible in the range of 0.9923 - 0.9909 and the breakdown of the latter value will lead to a movement to the potential target of 0.9885, upon reaching this level, we expect a rollback to the top.

The short-term upward movement is possible in the range of 0.9943 - 0.9959 and the breakdown of the last value will lead to a prolonged correction. Here, the target is 0.9985 and the breakdown of which, in turn, will begin to form the initial conditions for the upward cycle.

The main trend is the downward cycle of November 13.

Trading recommendations:

Buy: 0.9944 Take profit: 0.9957

Buy: 0.9962 Take profit: 0.9982

Sell: 0.9923 Take profit: 0.9910

Sell: 0.9907 Take profit: 0.9887

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For the Dollar / Yen currency pair, the key levels on the scale are: 113.33, 113.12, 112, 82, 112.64, 112.37, 112.10, 111.91 and 111.50. Here, we continue to monitor the downward structure of November 12. The downward movement is expected after the breakdown of 112.35. In this case, the goal is 112.10 and in the range of 112.10 - 111.91 is the short-term downward movement, as well as consolidation. The potential value for the bottom is considered the level of 111.50, after reaching which we expect a rollback to the top.

The short-term upward movement is possible in the range of 112.64 - 112.82 and the breakdown of the last value will lead to a prolonged correction. Here, the goal is 113.12 and this level is the key support. Its breakdown will have to form the initial conditions for the upward cycle.

The main trend is the medium-term descending structure of November 12.

Trading recommendations:

Buy: 112.64 Take profit: 112.80

Buy: 112.85 Take profit: 113.10

Sell: 112.33 Take profit: 112.10

Sell: 112.08 Take profit: 111.95

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For the Canadian dollar / Dollar currency pair, the key levels on the H1 scale are: 1.3363, 1.3314, 1.3279, 1.3218, 1.3194, 1.3151, 1.3115 and 1.3074. Here, the price forms the potential for a downward trend in the correction zone from the upward pattern on November 7. We expect a short-term upward movement in the range of 1.3194 - 1.3218 and the breakdown of the last value will resume the upward trend. In this case, the target is 1.3279 and in the range of 1.3279 - 1.3314, we expect a short-term upward movement. The breakdown of the latter value will lead to a movement to the potential target of 1.3363.

The continuation of the development of the downward structure of November 14 is expected after the breakdown of 1.3151. In this case, the target is 1.3115 and consolidation is near this level. The potential value for the bottom is considered the level of 1.3074, upon reaching which we expect a rollback to the top.

The main trend is a local ascending structure of November 7, the formation of potential for the bottom of November 14.

Trading recommendations:

Buy: 1.3194 Take profit: 1.3216

Buy: 1.3220 Take profit: 1.3275

Sell: 1.31548 Take profit: 1.3120

Sell: 1.3113 Take profit: 1.3080

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For the Australian dollar / Dollar currency pair, the key levels on the H1 scale are: 0.7426, 0.7391, 0.7344, 0.7292, 0.7265 and 0.7238. Here, we are following the ascending structure of November 13. The upward movement is expected after the breakdown of 0.7344. In this case, the goal is 0.7391 and consolidation is near this level. The potential value for the top is considered to be the level of 0.7426, after reaching which we expect a departure to a correction.

The short-term downward movement is possible in the range of 0.7292 - 0.7265 and the breakdown of the latter value will lead to a prolonged correction. Here, the target is 0.7238 and this level is the key support for the top.

The main trend is the ascending structure of November 13.

Trading recommendations:

Buy: 0.7346 Take profit: 0.7390

Buy: 0.7393 Take profit: 0.7424

Sell: 0.7290 Take profit: 0.7267

Sell: 0.7263 Take profit: 0.7240

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For the Euro / Yen pair, the key levels on the H1 scale are: 129.63, 129.17, 129.00, 128.23, 127.98, 127.22, 126.95 and 126.41. Here, the situation is in equilibrium. The passage of the range of 129.00 - 129.17 will lead to the cancellation of the downward structure. In this case, the potential target is 129.63.

The short-term downward movement is possible in the range of 128.23 - 127.98. The breakdown of the latter value should be accompanied by a pronounced movement to the level of 127.22 and in the range of 127.22 - 126.95 is the short-term downward movement, as well as consolidation. The potential value for the bottom is considered the level of 126.41.

The main trend is the equilibrium state.

Trading recommendations:

Buy: 129.20 Take profit: 129.60

Buy: Take profit:

Sell: 128.23 Take profit: 128.00

Sell: 127.93 Take profit: 127.30

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For the Pound / Yen currency pair, the key levels on the H1 scale are: 147.33, 146.43, 145.79, 144.60, 143.41, 142.51 and 141.28. Here, we are following the November 8 downward cycle. The downward movement is expected after the breakdown of 144.60. In this case, the target is 143.41 and in the range of 143.41 - 142.51 is the short-term downward movement, as well as consolidation. The potential value for the bottom is considered the level of 141.28, upon reaching which we expect a rollback to the top.

The short-term downward movement is possible in the range of 145.79 - 146.43 and the breakdown of the latter value will lead to a prolonged correction. Here, the target is 147.33 and this level is the key support for the downward movement.

The main trend is the downward structure of November 8.

Trading recommendations:

Buy: 145.80 Take profit: 146.40

Buy: 146.50 Take profit: 147.30

Sell: 144.55 Take profit: 143.45

Sell: 143.36 Take profit: 142.60

Forex analysis 20 Nov 2018, 11:18 UTC+00
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9 Bitcoin analysis for 20/11/2018
The stock market In Switzerland introduces Bitcoin ETP to trade
The Swiss main exchange SIX Swiss Exchange will launch the world's first e-commerce product based on cryptographic processes (ETP) next week. Supported by the Swiss startup Amun AG, the first global multi-encrypted ETP will be listed under the HODL index and will follow five major cryptocurrencies: Bitcoin, Ripple, Ethereum, Bitcoin Cash and Litecoin. According to the article in financial media, each cryptocurrency will acquire a specific market share in the upcoming EPT, with Bitcoin...

The Swiss main exchange SIX Swiss Exchange will launch the world's first e-commerce product based on cryptographic processes (ETP) next week. Supported by the Swiss startup Amun AG, the first global multi-encrypted ETP will be listed under the HODL index and will follow five major cryptocurrencies: Bitcoin, Ripple, Ethereum, Bitcoin Cash and Litecoin.

According to the article in financial media, each cryptocurrency will acquire a specific market share in the upcoming EPT, with Bitcoin representing approximately half of the ETP assets. The rest is to be divided into fractions, from 25.5% in the XRP, to 16.7% in Ethereum, while Bitcoin Cash and Litecoin will get 5.2 and 3 percent respectively of the market. Amun's co-founder and managing director, Hany Rashwan, commented that the upcoming ETF is organized in such a way that it complies with the same rigorous policy that is required by traditional ETP platforms. According to Rashwan, this will ensure a well-regulated tool for trading cryptocurrencies for both institutional and retail investors. The Amun ETP index will be managed by the German index unit of the investment management company VanEck. While Amun AG is based in the Swiss town of Zug called "crypto valley", it is reportedly a branch of Amun Technologies, a fintech company based in the United Kingdom.

The SIX Swiss Exchange is the fourth largest stock exchange in Europe with a market capitalization of $ 1.6 trillion. On Wednesday, November 14, the head of securities and stock exchanges at SIX, Thomas Zeeb stated that Blockchain-based exchanges would completely replace conventional ones in "about ten years", citing the high interest in technology costs by brokers, banks, and companies. Insurance.

ETPs represent the type of securities that are priced derivative, and transactions take place in intraday on the domestic stock exchange, based on investment tools such as commodity, currency, stock price or interest rate. Some experts predict that ETF adoption for Bitcoin will be the basis for the development of crypto markets.

Let's now take a look at the Bitcoin technical picture at the H4 time frame. The market sell-off continues and a new local low was made at the level of $4,518 and there is no indication of any trend reversal. The key technical resistance zone is now the area between the levels of $5,500 - $5,728 and as long as the price is trading below this level, the bears are in control of this market.In Sweden, XBT providers already have a Bitcoin ETP platform called Coinshares, which since 2015 has attracted around $ 1 billion and has been listed on the main Swedish stock exchange Nasdaq Stockholm. Recently, the US Securities and Exchange Commission (SEC) has ceased to accept public opinion on the review of ETF's policy in Bitcoin, after previous negation of nine applications.

analytics5bf3a6955efbf.jpg

Forex analysis 20 Nov 2018, 05:16 UTC+00
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10 EUR / USD pair: plan for the US session on November 20. Euro buyers retreat before the decision of the European Commission tomorrow
It was not possible to break above resistance 1.1456, which led to the expected decline of the euro in the area of...
To open long positions on EUR / USD pair, you need: It was not possible to break above resistance 1.1456, which led to the expected decline of the euro in the area of support 1.1426. I indicated this in detail in my morning review . However, as we can see, the demand at 1.1426 is also absent. It is best to open new long positions in EUR / USD after reducing and updating the support level of 1.1393 or to rebound from a minimum of 1.1361. The main task of the euro buyers in the afternoon will...

To open long positions on EUR / USD pair, you need:

It was not possible to break above resistance 1.1456, which led to the expected decline of the euro in the area of support 1.1426. I indicated this in detail in my morning review . However, as we can see, the demand at 1.1426 is also absent. It is best to open new long positions in EUR / USD after reducing and updating the support level of 1.1393 or to rebound from a minimum of 1.1361. The main task of the euro buyers in the afternoon will be a return to the resistance of 1.1426, which will maintain the upward potential.

To open short positions on EUR / USD pair, you need:

The bears did not let the pair go above the resistance of 1.1456 and the formation of a false breakdown there, to which I paid attention in my morning forecast, led to a decline in the euro. The breakthrough of support for 1.1426 will allow sellers to count on a further downward correction in the area of minimums of 1.1393 and 1.1361, where I recommend taking profits. In case of EUR / USD growth in the second half of the day, it is possible to return to short positions on a rebound from the resistance of 1.1456.

Indicator signals:

Moving averages

Trade gradually moves under the 30- and 50-day moving average, which can lead to a change in the market trend to a downward one.

Bollinger bands

Trade gradually moves under the 30- and 50-day moving average, which can lead to a change in the market trend to a downward one.

j92yofJtD_gRWPMQm5dmfcdsN5tgzvI9MyQ_qskl

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA 9

Bollinger Bands 20

Forex analysis 20 Nov 2018, 12:23 UTC+00
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