empty
 
 
05.01.2023 05:43 PM
Short-term technical analysis on EURUSD for January 5th, 2023.

This image is no longer relevant

Green line -resistance

Blue lines- Fibonacci extension targets

EURUSD is trading around 1.0550 after making a strong bounce higher yesterday and forming a lower high. Price retraced nearly 61.8% of the recent decline but has not managed to retain the positive momentum. EURUSD is again under pressure today. EURUSD remains vulnerable to a bigger decline towards 1.03 as we explained in previous posts. EURUSD has support at yesterday's lows at 1.0520 and a break below this level would be a new sign of weakness. If support fails to hold, we expect EURUSD to make an equal size decline relative to the last leg down. This will bring EURUSD at 1.0442 and the 100% Fibonacci extension target. At 1.0323 we find the 161.8% Fibonacci extension target which is our 2nd target. We remain bearish EURUSD as long as price is below yesterday's high.

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 $9000 lebih banyak!
    Pada Mei kami mengundi $9000 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