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

Correction to the area 1.1031 and a new decline

16 December 2015, EUR/USD

Daily chart: the pair tends to the technical pullback in the area of ​​the middle Bollinger band (1.0783).

Correction to the area 1.1031 and a new decline

Н4: horizontal envelopes plus IB from the bottom Bollinger band are about to drop the euro once again to 1.1031 (the upper band)

Correction to the area 1.1031 and a new decline

Н1: we also are waiting for growth to 1.0979 and 1.1031.

Correction to the area 1.1031 and a new decline

Expectations: So, we wait for a correction to 1.0979 and 1.1031, from where the decline could continue to 1.0894.

Trading solutions: 1) Purchases to 1.0979 and 1.1031. 2) Sales from 1.1031 zone to 1.0894 and 1.0783 (extraday)

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.