Premarket review on the euro. Analysis of Friday's close | 28 سبتمبر 2015

28 سبتمبر 2015, EUR/USD

The daily chart: the lower Bollinger band revealed a clear demand in euro by the pinbar, therefore, after a rollback to the area of ​​50% of the pin, we can expect beginning of growth to the upper band (1.1388)

Premarket review on the euro. Analysis of Friday's close

Н4: horizontal Bollinger envelopes promise resistance to be at the upper band (1.1253) and support at the lower band (1.1093)

Premarket review on the euro. Analysis of Friday's close

Н1: inactive ADX, plus the inside bar on the upper Bollinger band, may mean a willingness of the price for a decline to 1.1138 (the lower band)

Premarket review on the euro. Analysis of Friday's close

Expectations: drop from current levels to 1.1138, where we can consider buying towards 1.1388

solutions: 1) We sell after market opening to 1.1138. 2) In the area of ​​1.1138 buy with the target 1.1388 (extraday)


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Aleksey Panasenko
محلل شركة FreshForex
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