EUR/USD – January 2, 2019

eurusd-d1-instaforex-companies-group.png

On Wednesday, the price is expected to go down, for a rollback, with the first target of 1.1424 – a rolling level of 23.6% (yellow dotted line).

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis – down;

– trend analysis – down;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Wednesday, the price is expected to go down, for a rollback, with the first target of 1.1424 – a rolling level of 23.6% (yellow dotted line).

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Indicator analysis. Daily review on January 2, 2019 for the pair EUR / USD.

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*