Forex Analysis & Reviews: 26.12.2021 - EUR/USD. Preview of the new...

26.12.2021 10:57 AM

EUR/USD. Preview of the new week. The New Year's week will be as boring as possible in terms of the "foundation".

Well, the New Year's week begins. And the euro/dollar pair meets it inside the same side channel, which we have already talked and written about more than once. On the 4-hour timeframe (illustration below), it is visible that the pair has been flat for several weeks. Bollinger bands are not ideally directed sideways, but still, their orientation cannot be called ascending or descending. But in the 24-hour timeframe, everything is perfectly visible and understandable. After another round of downward movement, a flat began, and the Bollinger bands narrowed and turned sideways. Thus, the Ichimoku indicator lines are not strong inside the outright flat. This applies to both 4-hour TF and 24-hour. Accordingly, first of all, you need to wait for the flat to end.

As for the "foundation" and "macroeconomics", next week, there will be neither one nor the other. And nothing is surprising in this, since the week is New Year's. Thus, the volatility of the euro/dollar pair may remain low, although this assumption is twofold. On the one hand, it is logical, since many traders will leave the market, and those who remain will have nothing to react to. On the other hand, in the conditions of a "thin" market, there may be movements of the pair, even if there is no "foundation". Thus, the "festive" status of the week does not mean that the pair will stand in one place. But to leave the side channel, it will have to work hard, and we do not believe that this will happen on New Year's Eve.

Separately, I would like to mention the "coronavirus". In the last week, in the absence of other news and events, everyone has been discussing it, as well as a new strain of "omicron", which is less dangerous, but more contagious. However, the markets are still not responding to this news in any way. Therefore, if the situation continues to deteriorate, then theoretically there may be a panic, which, of course, will lead to strong movements in the foreign exchange market, but for this everything must become much worse than it is now.

Trading recommendations for the EUR/USD pair:

The technical picture of the EUR/USD pair on the 4-hour chart according to the Ichimoku strategy looks extremely eloquent. Bollinger bands have been directed sideways for most of the last four weeks, which signals a flat. The pair is located between the levels of 1.1236 and 1.1360. For most of the past week, the pair was in a one-way upward movement, but even this did not lead to the pair's exit from the side channel. Thus, the lines of the Ichimoku indicator have practically no meaning now. You need to wait for the flat to end or trade for a rebound from the upper or lower boundaries of the channel.

Explanations to the illustrations:

Price levels of support and resistance (resistance /support), Fibonacci levels - target levels when opening purchases or sales. Take Profit levels can be placed near them.

Ichimoku indicators (standard settings), Bollinger Bands (standard settings), MACD (5, 34, 5).

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

If you have any content questions, please contact editorial-board@instaforex.com

Fundamental analysis

Paolo Greco,
Analytical expert of InstaForex
© 2007-2025

该作者的更多文章

电子邮件订阅

EURUSD

Euro vs US Dollar

选择时间框架

分钟

小时

天

周

开始交易

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。

推荐文章

歐洲央行準備進一步降息

即將到來的一週對市場可能是利好的，但對美元和黃金則可能是利空的（我們預計標準普爾500指數期貨和比特幣的CFD合約將進一步增長）

歐元/美元。每週預覽。歐元區通脹、美國GDP、ISM製造業指數、4月份非農就業報告

4月28日需要關注什麼？初學者應該注意的基本事件解析

美元：每週預覽

英鎊。本週展望

XAU/USD。分析與預測

市場已無路可逃

美元上漲——原因在此

為何黃金價格可能大幅下跌？（黃金價格可能會持續走低，而NASDAQ 100 指數期貨的差價合約可能上漲）

Top analytics