Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

EURUSD Technical Analysis For 6th November 2015

06 November 2015, EUR/USD

EURUSD Technical Analysis For 6th November 2015
Technical View:
EUR/USD is currently trading with a slight Bullish bias. The pair is currently on a corrective upward move. We are waiting to sell from 1.09053 but with our stop loss at 1.09350. This impending downward movement is highly anticipated since other positively correlated pairs such as EUR/HKD and EUR/HKD are making similar upward corrective move. we will therefore proceed to sell Euro from 1.09053, when EUR/HKD will be trading along 8.4525. Ideally, wave ((c)) should close along the lower indicated support trend line.

Trade Recommedations:

Sell from 1.09053 but with our stop loss at 1.09350

Graham Osano
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.