Log in

Preparation for Northern movement

09 September 2015, EUR/USD

The daily chart: the pair confirms its northern determination, but, as we see, ADX is in a hurry, so growth is unlikely to have an impulse character. The overall goal - the upper Bollinger band (1.1496)

Preparation for Northern movement

Н4: horizontal envelopes and sluggish ADX also do not speak for intensive development.

Preparation for Northern movement

Н1: the pair apparently will spend another day at the top Bollinger envelope (1.1183-1.1221)

Preparation for Northern movement

Expectations: ascending flat 1.1183-1.1221


1) Buy from 1.1183. Target - or 1.1221 intraday either 1.15 in the middle run.

Aleksey Panasenko
Analyst of «FreshForex» company
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.