empty
 
 
Back Technical analysis
analytics6a8e99d1b38f6.jpg
Back Technical analysis
EUR/USD. August 26. Market Attention Turns to GDP
EUR/USD continued to decline on Tuesday
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
EUR/USD continued to decline on Tuesday after being rejected from the 127.2% retracement level at 1.1700, moving toward the 100.0% retracement level at 1.1620. A rejection from 1.1620 would favor the euro and a resumption of the upward move toward 1.1700. Consolidation below 1.1620 would allow traders to expect further declines toward the next Fibonacci level of 76.4% at 1.1551. The wave situation on the hourly chart remains bullish. The latest completed downward wave did not break the previous
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Grigory Sokolov
Start trade
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.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback