empty
29.05.2019 05:30 PM
EUR/USD. May 29. Results of the day. Problems with Italy – a new reason for traders to get rid of the euro

4-hour timeframe

This image is no longer relevant

The amplitude of the last 5 days (high-low): 31p – 81p – 38p – 29p – 39p.

The average amplitude over the last 5 days: 44p (45p).

The third trading day of the week for the euro/dollar pair is no different from the previous two. No important macroeconomic data, no important reports from world leaders, the euro continues to depreciate against the US dollar. Thus, from a fundamental point of view, there is essentially nothing to analyze. No new details about the course of the trade war between China and the United States, no new threats about the introduction of duties on European imports from the American side. But the euro is still falling. What does this mean? About the same, about which we already wrote previously. Traders continue to look hard to the South, as there is no reason to expect an improvement in the economic situation in the eurozone. Moreover, Europe cannot solve the situation with the release of the UK. Though it is more a problem of the United Kingdom. The situation with the high national debt of Italy also has a negative impact on the reputation of the EU and its investment attractiveness, and Rome, meanwhile, could fall under a heavy fine for failure to fulfill obligations to Brussels. It is unlikely that the Italian side will like it, there may be new conflicts, refusal to pay a fine, and in the future even Itexit ("Italy Exit"). This is, of course, too radical an option, but the very fact that there are problems with Italy cannot be denied. Thus, the bears continue to get rid of the euro, the EUR/USD pair is again approaching the annual lows and this time can successfully overcome them, which, in turn, will open the way for the pair to further fall. Tomorrow, the US will release a preliminary GDP value for the first quarter, which can greatly affect all pairs in which there is a dollar. A high value of the indicator may cause additional demand for the US currency.

Trading recommendations:

The EUR/USD pair continues its downward movement and overcame the Kijun-Sen line. Thus, sell orders with targets at 1.1138 and 1.1102 are relevant now.

Long positions can be considered if traders manage to gain a foothold back above the Kijun-Sen line. In this case, the nearest targets for euro purchases will be the resistance levels of 1.1190 and 1.1244.

In addition to the technical picture should also take into account the fundamental data and the time of their release.

Explanation of illustration:

Ichimoku Indicator:

Tenkan-Sen – red line.

Kijun-Sen – blue line.

Senkou Span A – light brown dotted line.

Senkou Span B – light purple dotted line.

Chinkou Span – green line.

Bollinger Bands Indicator:

3 yellow lines.

MACD Indicator:

A red line and a histogram with white bars in the indicator window.

Pilih timeframe
5
mnt
15
mnt
30
mnt
1
jam
4
jam
1
hari
1
minggu
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

Artikel yang direkomendasikan

Analisa Teknikal Pergerakan Harga Harian Indeks Nasdaq 100, Kamis 04 Januari 2024.

Pada chart hariannya indeks Nasdaq 100 nampak terlihat baik pergerakan harga maupun Tenkansen, Kinjun Sen, serta Chikou Span berada diatas Kumo dimana berarti momentum Bullish masih cukup kuat namun dengan

Arief Makmur 06:31 2024-01-04 UTC+2

Analisa Teknikal Pergerakan Harga Harian Indeks Nasdaq 100, Kamis 28 Desember 2023.

Dengan kondisi Tenkansen & Kinjunsen yang berpotongan Golden Cross diatas Kumo dan Chikou Span beserta pergerakan harganya yang berada diatas Kumo juga maka dapat dipastikan saat ini bias dari indeks

Arief Makmur 03:55 2023-12-28 UTC+2

Analisa Teknikal Pergerakan Harga Harian Pasangan Mata Uang Silang GBP/AUD, Kamis 21 Desember 2023.

Pada chart hariannya pasangan mata uang silang GBP/AUD nampak pergerakan harganya bergerak dibawah Kumo diikuti oleh Chikou Span dan Tenkansen dan Kinjun Sen (Death Cross) yang juga berada dibawah Kumo

Arief Makmur 05:33 2023-12-21 UTC+2

Analisa Teknikal Pergerakan Harga Harian Pasangan Mata Uang Silang AUD/JPY, Rabu 20 Desember 2023.

Dengan kondisi Tenkansen dan Kinjunsen yang berada didalam Kumo serta Chikou Span yang kini berada ditengah2 batang Bar Chart menandakan saat ini AUD/JPY tengah bergerak dalam kondisi Sideways di chart

Arief Makmur 03:58 2023-12-20 UTC+2

Analisis Indikator Cloud Ichimoku Pada EURUSD Untuk 29 November 2023.

EURUSD diperdagangkan di sekitar 1.0980. Dalam istilah cloud Ichimoku, tren tetap bullish. EURUSD membuat level tertinggi di 1.1017 dan telah berbalik turun untuk menguji support tenkan-sen (indikator garis merah)

Alexandros Yfantis 14:57 2023-11-29 UTC+2

Analisis Indikator Ichimoku Cloud pada EURUSD, 28 November 2023

EURUSD diperdagangkan di sekitar 1,0950. Dalam istilah Ichimoku Cloud pada grafik 4 jam, tren tetap bullish karena harga terus berada di atas Kumo (Cloud). Rentang Chikou (indikator garis hitam) tetap

Alexandros Yfantis 15:15 2023-11-28 UTC+2

Analisis indikator cloud ichimoku pada USDJPY untuk 28 November 2023.

USDJPY diperdagangkan di sekitar 148,43. Dalam istilah cloud ichimoku, tren kini netral karena harga telah memasuki Daily Kumo (cloud). Ini adalah sinyal adanya pelemahan. Harga tidak mampu mendorong di atas

Alexandros Yfantis 14:43 2023-11-28 UTC+2

Analisis Indikator Cloud Ichimoku Pada Emas Untuk 27 November 2023.

Harga emas diperdagangkan di atas $2.010 dan membuat level tertinggi baru yang lebih tinggi dibandingkan dengan level tertinggi bulan Oktober. Dalam istilah awan Ichimoku, tren tetap bullish. Harga emas berada

Alexandros Yfantis 14:57 2023-11-27 UTC+2

Analisis Indikator Cloud Ichimoku Pada EURUSD Untuk 27 November 2023.

EURUSD diperdagangkan di sekitar 1.0950. Pada grafik 4 jam, harga diperdagangkan di atas Ichimoku cloud (bullish). Chikou span (indikator garis hitam) berada di atas pola candlestick (bullish), sementara tenkan-sen (indikator

Alexandros Yfantis 14:53 2023-11-27 UTC+2

Analisis Indikator Cloud Ichimoku Pada USDJPY Untuk 27 November 2023.

USDJPY diperdagangkan di sekitar 148.80. Hari ini harga sangat dekat untuk memasuki Kumo (cloud) harian dan mengubah tren dari bullish ke netral. Harga memantul dari support cloud dan menguji tenkan-sen

Alexandros Yfantis 14:49 2023-11-27 UTC+2
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.