empty
29.08.2019 07:30 AM
Overview of EUR/USD on August 29th. Forecast for the system "Regression Channels". The German locomotive continues to slow down

4-hour timeframe

This image is no longer relevant

Technical data:

The upper channel of linear regression: direction-down.

The lower channel of linear regression: direction-down.

The moving average (20; smoothed) – down.

CCI: -52.3906

The European currency paired with the dollar continues to slowly slide to two-year lows. It is seen in the illustration that each subsequent rebound from the current lows is less than the previous one. And this is another factor in favor of the fact that the bears continue to hold the market in their hands. And if so, then the euro does not have a chance at growth. What do we have on macroeconomic reports on Thursday, August 29? First, it is not too significant for the euro/dollar inflation report in Germany. It is interesting only because the slowdown in inflation in Germany (and experts predict a decline) is likely to cause a new decline in inflation in the whole of the European Union. But the EU consumer price index will have an impact on the EUR/USD pair. Secondly, these are the preliminary values of the spending index and the personal consumption expenditure price index in America. The forecasts are neutral and do not predict any changes. Thirdly, it is the annual GDP data published by the Bureau of Economic Analysis for the second quarter. It is expected to reduce the main indicator of the state of the economy of any country from 2.1% to 2.0%. However, this data will also not be final, but only preliminary.

As a result, we have several quite important reports, but since all of them will be intermediate, the traders can be ignored. The only thing that can still attract attention is GDP. In all other respects, it will be just interesting information for market participants.

I also want to draw traders' attention to the fact that the volatility of the EUR/USD pair is now reduced, the pair passed only 25 points yesterday. 25 points are from the minimum of the day to the maximum. That is, by opening a trade near one extreme and closing it near another, traders could ideally get 20 points of profit. It is clear that such a winning potential is not very interesting for most traders, so new deals are not opening right now. The currency market is waiting for new data but cannot wait for them. Moreover, the attention of traders is shifted towards the "neighbors", the GBP/USD pair, which does not lack interesting and important information.

The technical picture looks quite clear and understandable. The pair continues to trade below the moving average line, so the mood of the forex market remains "bearish". There is no reason to expect a change in the current trend soon.

Nearest support levels:

S1 – 1.1047

S2 – 1.0986

S3 – 1.0925

Nearest resistance levels:

R1 – 1.1108

R2 – 1.1169

R3 – 1.1230

Trading recommendations:

The euro/dollar pair continues to be below the moving average. Thus, it is now recommended to trade downwards with the first target of 1.1047. It is not recommended to buy euro currency right now, as both the technical and fundamental picture does not give grounds for expectations of the euro strengthening.

In addition to the technical picture, fundamental data and the time of their release should also be considered.

Explanation of the illustrations:

The upper linear regression channel – blue line unidirectional movement.

The lower linear regression channel – purple line unidirectional movement.

CCI – the blue line in the indicator window.

The moving average (20; smoothed) - a blue line on the price chart.

Murray levels – multi-colored horizontal stripes.

Heiken Ashi is an indicator that colors bars in blue or purple.

Paolo Greco,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
समय सीमा चुनें
5
मिनट
15
मिनट
30
मिनट
1
घंटा
4
घंटे
1
दिन
1
सप्ताह
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें

अनुशंसित लेख

इंट्राडे मूल्य आंदोलन का तकनीकी विश्लेषण USD/JPY मुख्य करेंसी जोड़े, सोमवार 21 अप्रैल, 2025

मुख्य मुद्रा जोड़ी USD/JPY के मूल्य आंदोलन में स्टोकेस्टिक ऑस्सीलेटर संकेतक के साथ अभिसरण तथा EMA (100) की स्थिति जो मूल्य से ऊपर है, के प्रकट होने पर, निकट भविष्य

Arief Makmur 06:16 2025-04-21 UTC+2

इंट्राडे मूल्य आंदोलन का तकनीकी विश्लेषण EUR/GBP क्रॉस करेंसी जोड़े, सोमवार 21 अप्रैल, 2025

4-घंटे के चार्ट पर दिखाई दे रहा है कि EUR/GBP क्रॉस करेंसी जोड़ी EMA (100) के ऊपर चल रही है, जो दर्शाता है कि इस जोड़ी पर खरीदारों का प्रभुत्व

Arief Makmur 06:14 2025-04-21 UTC+2

USD/CAD का पूर्वानुमान 17 अप्रैल, 2025 के लिए

USD/CAD के दैनिक चार्ट पर, मार्लिन ऑस्सीलेटर यह संकेत देता है कि मूल्य एक संभावित ऊर्ध्वगामी पलटाव के लिए तैयार है। नीचे 1.3746 का लक्ष्य स्तर और मूल्य चैनल की

Laurie Bailey 11:41 2025-04-17 UTC+2

GBP/USD पूर्वानुमान – 17 अप्रैल, 2025 के लिए।

कल, ब्रिटेन ने मार्च महीने के लिए मुद्रास्फीति के आंकड़े जारी किए। कोर सीपीआई साल-दर-साल 3.0% से घटकर 2.8% हो गई, और हेडलाइन सीपीआई 2.8% से गिरकर 2.6%

Laurie Bailey 11:37 2025-04-17 UTC+2

EUR/USD पूर्वानुमान – 17 अप्रैल, 2025 के लिए

बुधवार को यूरो एक बार फिर 1.1385–1.1420 के लक्षित दायरे में आ गया। हालांकि, हालिया मूल्य गतिविधि से संकेत मिलता है कि अब 1.1385 का स्तर अप्रासंगिक हो गया है

Laurie Bailey 11:33 2025-04-17 UTC+2

नैस्डैक 100 इंडेक्स की इंट्राडे मूल्य चाल का तकनीकी विश्लेषण, गुरुवार, 17 अप्रैल, 2025।

जैसा कि हम नैस्डैक 100 इंडेक्स के 4-घंटे के चार्ट पर देख सकते हैं, वहां कई दिलचस्प बातें हैं, अर्थात, पहले, मूल्य चाल MA (100) के नीचे जा रही है

Arief Makmur 08:31 2025-04-17 UTC+2

ऑस्ट्रेलियाई डॉलर/जापानी येन (AUD/JPY) क्रॉस करेंसी पेयर की इंट्राडे मूल्य आंदोलन की तकनीकी विश्लेषण, बुधवार 16 अप्रैल, 2025।

स्टोकास्टिक ऑस्सीलेटर की स्थिति चार घंटे के चार्ट पर ओवरसोल्ड स्तर (20) की ओर बढ़ने के साथ, निकट भविष्य में AUD/JPY में 89.75-89.39 क्षेत्र स्तर तक कमजोरी आने की संभावना

Arief Makmur 11:29 2025-04-16 UTC+2

यूएसडी/सीएडी कमोडिटी करेंसी पेयर की इंट्राडे प्राइस मूवमेंट का तकनीकी विश्लेषण – बुधवार, 16 अप्रैल 2025।

4-घंटे के चार्ट पर देखा जा सकता है कि USD/CAD कमोडिटी करेंसी पेयर EMA (100) के नीचे मूव कर रहा है। एक Bearish 123 पैटर्न बनता दिखाई दे रहा है

Arief Makmur 11:25 2025-04-16 UTC+2

USD/JPY का पूर्वानुमान 16 अप्रैल, 2025 के लिए

दैनिक चार्ट पर, मूल्य ने 143.45 स्तर के आस-पास एक छोटा त्रिकोण बनाकर उसके नीचे संकलन किया है। चूंकि निकटतम लक्ष्य 141.70 के पास है, मूल्य अब एक निम्न स्तर

Laurie Bailey 06:07 2025-04-16 UTC+2

AUD/USD का पूर्वानुमान 9 अप्रैल, 2025 के लिए

ऑस्ट्रेलियाई डॉलर के सोमवार और मंगलवार को 0.6133 के लक्ष्य स्तर की ओर बढ़ने के प्रयासों को रोका गया (जैसा कि लंबी ऊपरी छायाएँ दर्शाती हैं), लेकिन जोड़ी आज भी

Laurie Bailey 06:21 2025-04-09 UTC+2
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.