North has a slight advantage | 27 مايو 2016

27 مايو 2016, EUR/USD

Daily chart: a continued technical correction around ​​the middle Bollinger band (1.1323), but against the backdrop of expanding envelopes and a hint at a downward reversal of the oscillator, we can anticipate a drop to the bottom band (1.1091) without a continued correction.

Н4: here we notice a very active ADX, so both surge to 1.1323 and a downward bounce off the upper Bollinger band (1.1224) are equiprobable. Given the bullish convergence, North has a slight advantage.

Н1: a local northern clamp inside the Bollinger envelope (1.1162-1.1198). ADX is passive, so trading may be delayed until Monday.

Expectations: The main scenario - surge 1.1224 and 1.1323

The alternative scenario - flat 1.1162-1.1198)

Trading solutions: we should be looking for buying options around 1.1162-1.1183 with the medium-term goal 1.1324. Such purchases can not be considered safe, so it is reasonable to abstain from trading until Monday.


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
Close
الدخول