empty
 
 
25.04.2022 07:30 AM
Red-hot forecast of EUR/USD on April 25, 2022

Traders are gradually increasing short positions on EUR/USD because the price has been settled below 1.0800. Last week, the currency pair did not generate the clear signal of the medium-term downtrend extension.

The RSI technical instrument on the 4-hour and daily charts is moving in the indicator's lower area of 30/50. It proves high market interest in the downtrend.

The H4 Alligator has changed its trajectory from downward to upward on the back of a correctional move. Up to date, the upward correction is over and the indicator has resumed its previous trajectory.

On the daily chart, we can see that the euro has been weakening bit by bit since June 2021. Since then, the euro has depreciated by 1,450 pips or 12%.

Outlook and trading tips

The market received the first sell signal for EUR/USD at the moment when the price settled below 1.0800. To reinforce selling pressure, the currency pair has to settle below 1.0740 on the 4-hour chart. In this case, the euro could decline towards 1.0636, the swing low of March 23, 2020. Until then, EUR/USD is expected to fluctuate at around 1.0800.

Complex indicator analysis provides a sell signal for the short and medium term as well as for intraday trading because the price has got stuck below 1.0800.

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback