empty
 
 

17.01.202212:44 Forex Analysis & Reviews: EUR/USD technical analysis for January 17-22

Trend Analysis

This week, the price from the level of 1.1415 (closing of the last weekly candle) may continue upward movement with the target of 1.1488, 21 middle EMA (thin black line). If this line is tested, a further upper movement with the target of 1.1598, a 38.2% pullback level (blue dotted line) is likely. If this level is tested, a downward pullback is possible.

Exchange Rates 17.01.2022 analysis

Fig. 1 (weekly chart)

Complex analysis:

- indicator analysis - uptrend;

- Fibonacci levels - uptrend;

- volumes - uptrend;

- candlestick analysis - uptrend;

- trend analysis - uptrend;

- Bollinger bands - downtrend;

- monthly chart - uptrend.

The conclusion of the complex analysis: upward movement.

The overall result of the calculation of the EUR/USD pair candlestick according to the weekly chart: the price is likely to have an upward trend this week with no lower shadow of the weekly white candlestick (Monday - uptrend) and no upper shadow (Friday - uptrend).

On the week the price from the level of 1.1415 (last week's candlestick close) may continue to move upwards with the target of 1.1488, 21 middle EMA (thin black line). If this line is tested, a further upper movement with the target 1.1598, a 38.2% pullback level (blue dotted line) is likely. If this level is tested, a downward pullback is possible.

Another possible scenario: the price from the level of 1.1415 (last week's candlestick close) may start a downward movement, aiming to reach the support line of 1.1297 (blue dotted line). If this line is reached, the upper movement with the target of 1.1387, historical resistance level (blue dotted line) is possible. In case this level is tested, uptrend is likely.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Stefan Doll,
Pakar analisis InstaForex
© 2007-2022
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaForex akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaForex, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.




  • Trade Wise, Win Devise
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • Ferrari from InstaForex
    Top up akun anda dengan dana minimal $1.000
    gabung kontes dan menangkan Ferrari
    F8 Tributo
    GABUNG KONTES
  • Chancy Deposit
    Deposit akun anda dengan $3.000 dan menangkan $1.000
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.