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

Expected trading range - 1.1290-1.1363

15 September 2015, EUR/USD

The daily chart: on the one hand the euro has preserved potential for growth to the upper Bollinger band (1.1517), on the other hand, - weak ADX can make the pair correct to the middle Bollinger band(1.1279). On correction you will have opportunities for new entrances in purchases.

Expected trading range - 1.1290-1.1363

Н4: the pair is in the top envelope with weak ADX, so it is unlikely that today we will see it beyond this range (1.1279-1.1396)

Expected trading range - 1.1290-1.1363

Н1: so, we have both flat status of ADX and horizontal envelopes. This enhances support at the lower band (1.1290) and resistance at the top (1.1363).

Expected trading range - 1.1290-1.1363

Expectations: So, the pair is preparing for a new cast to the North, but today's trading may not be intense. Most likely, we will see correction to 1.1290 and then rebound to 1.1363.

Trade solutions:

1) purchases from 1.1290 to 1.1363 (either in the medium run to 1.1517 and 1.1750).

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .