empty
 
 
12.02.2019 09:09 AM
Forecast for EUR / USD pair on February 12, 2019

EUR / USD pair

On Monday, the euro fell by 43 points mainly during the American session on expectations of negotiations between US trade and financial representatives with China's vice premier on mutual trade. Negotiations should take place in the second half of the week.

The price did not reach the target level of 1.1262 by a few points, but at least, the November 28 (a tick) was reached. Correction can also be from this level since convergence with the Marlin oscillator is formed on the four-hour chart. The immediate goal of the correction at 1.1335 is the resistance of the balance line and small consolidation on February 8.

We also note an interesting technical point in the period of February 4 to 11, the euro has been falling for 6 sessions in a row. A longer decline was only from 7th to 18th of November 2016, when the price fell 10 consecutive sessions in the US presidential election.

Nevertheless, the departure of the price to the level of 1.1262 will trigger a further decrease to 1.1215, and from this level, the probability of correction will approach 99% already. Contributing to this scenario, the topic on "security at the border with Mexico" will help information about reaching agreements in the US Congress. What this phrase means is not yet clear, but this fact removes the likelihood of another shutdown on February 15.

This image is no longer relevant

This image is no longer relevant

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 $8000 lebih banyak!
    Pada Maret kami mengundi $8000 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