Daily analysis of the currency market

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To begin, consider the situation on the market with Euro / Dollar. The price of this pair on the daily chart reached a minimum of 35.40. It did not seem to be critical, but after reaching it there was a sharp jump up by 140 points, and on the same chart you can see how the price approached the trend line. It is very remarkable that for today the price went down and sharply went up. Therefore, it is necessary to declare closing below the levels of 1.3615– 1.3625. If we do this, it is very likely that at the short-term stage the pair will continue to fall. This fall will end with a breakthrough of the level of 1.3560 and further striving towards the level of 1.3480.

The currency pair Pound / Dollar on the daily chart also responded by taking off from the level of 1.4870. But the trend is still in force. By the end of the day, the price must be closed in the area below 1.4930, so that a further decline does not bring any surprises. Then there was a reaction from Fibo 76.4, that is, a breakdown of 61.8 at the level of 1.4940. Then the price was fixed, and the main goal was designated below this level in the region of 1.4830. And this level turned out to be key, but according to the laws of statistics, the fall may well continue. Frank last time we saw a very interesting triangle, drawing a level of support in the area of ​​1.0685. The goal now is to move upward within this triangle, and the fall of the dollar in this bundle is quite real.


Forex analytics dollar and euro

Tandem Dollar / Jena shows itself in a very interesting perspective. Pay attention to current levels. The target was identified at 90.80. And, as we expected, a specific correction went from this level. Now it's interesting to see the weekly schedule. There was a stop at this level, and this is a good sign. To get to critical levels this week there are 70 more points in stock. The main critical level is 91.50. Now look at the monthly chart. There, similarly, the level of 91.50 seems to be critical, so with the yen's purchases it is better to wait for now. The main thing is not to overdo it. It is better to make sales from 91.50, or to sell from 91.20, by setting stops that exceed 92.30. You may have to sacrifice 80 points if we do not guess, but there is hope to take a good trend up to 400 points later.

But the Russian Ruble substituted the footboard for the Dollar, and it collapsed. The trend line is broken, a descending channel has formed, in short, the dollar is rapidly falling. On the weekly chart the triangle formed below is also broken, and new, rather deep goals appeared in the area of ​​27 rubles 70 kopecks for the Dollar.

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