Support is around 1.2937 | 30 سبتمبر 2016

30 سبتمبر 2016, GBP/USD

Daily chart: the lower Bollinger band has slightly dropped and now the target is at 1.2841. ADX does not have trend characteristics, so multi-directional movements are possible.

Support is around 1.2937

Н4: growing ADX, but the it is still quite far away from the trend area. Therefore, there are two basic ways: a rebound from support area 1.2937 (the lower Bollinger band) or break of the bottom envelope followed by a return to the middle band (1.2994)

Support is around 1.2937

Н1: here ADX is very weak, therefore, support area 1.2937-1.2945 would be irresistible for bears today. Resistance is at 1.2994 (middle Bollinger band)

Support is around 1.2937

Expectations: drop to the area 1.2937-1.2945 followed by a return to 1.2994

Solutions: purchases from 1.2937 to 1.2994 as well as sales from 1.2994 to 1.2841 (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
Close
الدخول