empty
 
 
29.04.2019 05:29 AM
Control zones EURUSD 04/29/19

Today, the primary requirements for the instrument have changed, which indicates the need to change the range of control zones. The closest resistance is the WCZ 1/2 1.1199-1.1191, which makes it possible to take a portion of the profit on the long position opened on Friday after an update of the weekly low. In case growth comes to a halt and the formation of a pattern of "false breakdown", it will require a full consolidation of purchases and entry into a short position.

This image is no longer relevant

As long as the pair is trading below the level of 1.11199, the movement will remain corrective. Work within the emerging accumulation zone is the main one at the beginning of the current week and it makes it possible for you to consider transactions from the range boundaries.

Breaking the downward momentum will require the closure of today's US session above the level of 1.11199. This will open the way for the pair to grow to the next resistance, which will be the weekly CZ 1.1287-.11271. Work on this model still has a probability below 30%, which makes it auxiliary.

This image is no longer relevant

Daily CZ - daily control zone. The area formed by important data from the futures market, which change several times a year.

Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which change several times a year.

Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback