empty
 
 
28.03.2024 04:38 PM
Trading Signals for EUR/USD on March 28-30, 2024: buy above 1.0780 (1/8 Murray - rebound)

This image is no longer relevant

EUR/USD is trading around 1.0807, bouncing after having reached the bottom of the downtrend channel forming since March 5. The euro would be showing signs of recovery but should consolidate above 1.0826 (21 SMA) to sustain the bullish movement.

Since the US NFPs data, the euro has been under strong bearish pressure. Having fallen below zero 2/8 Murray, the euro has been under strong downward pressure but could now be showing signs of a technical rebound. Therefore, we could look for opportunities to buy only if the euro consolidates above 1/8 Murray around 1.0803 or in case of a rebound at 1.0780.

If the Euro continues to trade within the secondary bearish channel, we could expect EUR/USD to bounce again around 1.0780 which could also be seen as an opportunity to buy with the target at 1.0864.

The eagle indicator reached oversold levels. So, the euro could continue to bounce above 1.0780 in the coming days and could reach the top of the downtrend channel around 1.0890.

Below 1.0770, we should avoid buying because the decline could accelerate and the instrument could reach 1.0742 and finally 1.0700.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback