আরও দেখুন
15.01.2025 04:37 AMAs part of its correction, the euro rose by 63 pips yesterday. However, the upward momentum is weakening, as indicated by the Marlin oscillator, the signal line of which shows an intention to turn downward while forming a wedge pattern.
If this wedge pattern materializes, it suggests that the price may settle in the range of 1.0211 to 1.0350, with the potential for a downward breakout. The first target for this primary scenario is the 1.0135 level.
On the four-hour chart, the price's rise has paused at the balance line, while the Marlin oscillator remains in the positive (upward) zone. This maintains the possibility of reaching the 1.0350 level.
A shift in price toward the lower half of the 1.0211 to 1.0350 range will be signaled if the price breaks below the MACD line at 1.0265. However, if triangular consolidation develops, the MACD line may act as a neutral line around which the price oscillates.
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?
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 InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
