manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Technically — only sells

06 November 2015, GBP/USD

Daily chart: the pair breaks the bottom envelope on the very active ADX and, if there is no NFP day, we could say the the pound enters the southern downward trend. But the news leaves the British a chance. Technically we wait for the fall in the 49th figure.

Technically — only sells

Н4: absolutely the same situation. There is a light oversold but on the very strong ADX bears do not mention it.

Technically — only sells

Н1: an oversold on the strongest ADX as well. Any corrections up need to be used for sales.

Technically — only sells

Scenarios: fall in the 49th figure (probably, much lower). Trading solutions: 1) Sales only but remember about NFP. It can bring corrections

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.