Main Quotes Calendar Forum
flag

FX.co ★ Forecast for EUR/USD on April 5, 2019

parent
Forex Analysis:::2019-04-05T04:30:36

Forecast for EUR/USD on April 5, 2019

EUR/USD

On Thursday, the euro was trading with an amplitude of 20 points, it did not hit the upper limit of a range of 1.1184-1.1255. On the daily chart, no significant changes in the readings of indicators have occurred, the trend remains steadily decreasing.

On the four-hour chart, the change affected the signal line of the marlin oscillator, which approached the border with the territory of declining trends (zone of negative numbers). Leaving the line in this zone will be the first impulse for the price to move further downwards. A decline of the price below 1.1184 can send the euro straight to 1.1155 and further towards 1.1075 - Fibonacci reaction lines 110.0% and 123.6%, respectively.

Forecast for EUR/USD on April 5, 2019

Forecast for EUR/USD on April 5, 2019

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...