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.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $9000 lebih lagi!
    Dalam Mei kami membuat cabutan bertuah $9000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget