empty
 
 
09.01.2015 04:19 PM
Intraday technical levels and trading recommendations for EUR/USD for January 9, 2015
This image is no longer relevant

The EUR/USD pair continued to move lower after breaking below the major DEMAND LEVEL at 1.2250 exposing price levels of 1.2120 and 1.2000 .

Further actions from the ECB regarding QE are still doubted. The market expected the US Non-Farm Employment indicator to drop. Eurozone manufacturing release wasn't that good today. All these reasons led to the current negative EUR/USD pair sentiment.

The euro has lost almost 200 pips since 2015 started, as the market is pushing towards its lowest levels since December 2009.

This image is no longer relevant

The market currently looks oversold below price level of 1.2000 and 1.1950 (prominent psychological SUPPORT & the lower limit of the movement channel on the 4H chart).

Currently, selling the EUR/USD pair is considered a high-risk position at such historically low prices. Bullish pullback should be anticipated looking for better prices to sell the pair off.

The price level of 1.1950 is the recently established SUPPLY level. Intraday short positions can be taken there, provided that the market keeps trading below price level of 1.2000.

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 Juni 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