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

A rest

07 July 2016, EUR/USD

Daily chart: very weak ADX, so the pair is likely to continue wandering inside the bottom Bollinger envelope (1.1001-1.1214), and it is unlikely that it will test borders of this corridor, too.

Н4: a better expressed horizontal range 1.1045-1.1177.

Н1: another well expressed horizontal rangeinside the Bollinger envelopes (1.1067-1.1110)

Expectations: so, we expect flat 1.1067-1.1110

Solutions: in such range, game isn't worth the candle

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 .