EURUSD Elliot Waves Analysis For 16 March 2016 | 16 Marzo 2016

16 Marzo 2016, EUR/USD

EURUSD Elliot Waves Analysis For 16 March 2016

Wave Analysis:

EUR/USD is currently trading with a bearish bias. During the previous trading day, Euro made little movements and ended up closing just a few pips away from its day's open price, During this intraday, we still anticipate further movements towards the support zone 1.1027-1.099. A clear rebound from this zone will call for long posistions with our target at 1.1338. A break below 1.09935 will mean we are headed short with our target at 1.0732. This pair should be traded alongside EUR/HKD and AUD/USD. These pairs have a strong positive correlation of up to +0.89 and will have a similar price action during this intraday. Only buy or sell Euro if all the other positively correlated pairs are giving the same signal.
Trade Recommendations:
Wait for a clear rebound from the zone 1.1027-1.099 to buy the pair with your ideal target at 1.1338. A break below 1.09935 will mean we are headed short with our target at 1.0732
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