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

Only sales

05 January 2016, EUR/USD

Daily chart: downward pressure is being accumulated, but so far ADX has not reached the core, so the price may delay at current levels (1.0807, the bottom Bollinger band)

Only sales

Н4: Here, as we see, ADX is already active, so we should expect that downward scenario would continue. Although support 1.0807 looks impressive.

Only sales

Н1: calm ADX, so today's range can be limited by the range of the bottom envelope (1.0773-1.0836)

Only sales

Expectations: The main scenario - downward flat 1.0773 -1.0836

The alternative scenario - decline to 1.07

Trading solutions: keep sales and add more on return to 1.0836

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 .