EURUSD Elliot Waves Analysis For 26th November 2015 | 26 Noviembre 2015

26 Noviembre 2015, EUR/USD

EURUSD Elliot Waves Analysis For 26th November 2015
Wave Analysis:
The pair is on a downward channel formation. Not going above the red trend line and below the green trend line. During this intraday, we expect further movements towards the green trend line before we continue long. Thus, we remain short with targets below 1.05670. Day Traders should observe other positively correlated pairs such as EUR/JPY, EUR/GBP, and CAD/HKD for similar price movements. These pairs have a strong positive correlation of up to +0.96, and are thus expected to follow a similar price pattern. Therefore, only buy or sell Euro if all the other positively correlated pairs are giving the same signal.

Trade Recommendations:

Remain short in this pair with targets at 1.05670, and the next target at 1.04926.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus