Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

EUR/USD

Yesterday, for almost the fifth consecutive time, the euro has been reflected down from the MACD indicator line on the daily chart. Today in the Asian session, the black candle already blocked yesterday's white. In the afternoon, data on moods in business circles of the euro area for the current month will be released. The ZEW business sentiment index in Germany is expected to worsen from -24.5 to -27.0; -21.7 is forecasted from -20.3 in July throughout the euro area.

Exchange Rates 13.08.2019 analysis

The Marlin oscillator on the daily almost touches the zero boundary value – the boundary separating the growth zone from the declining trend zone. We believe that today the price will reach the Fibonacci level of 110.0% (1.1155). Reaching this level will automatically lead to a price drop below the MACD line on a four-hour chart, and this will already be a direct signal to a short-term decline in the euro, since here the Marlin signal line has already consolidated in the decline zone. The goal in the coming days is the Fibonacci level of 123.6% at the price of 1.1074. Next, the target is 1.0980 (reaction level 138.2%).

Exchange Rates 13.08.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Laurie Bailey,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.