Euro in anticipation of the NFP release | 06 May 2016

06 May 2016, EUR/USD

Daily chart: support around the middle Bollinger band (1.1359) remains untested, which is likely to happen. A new attempt to grow to the upper band (1.1522) will be made

Н4: a technical correction in the direction of the middle Bollinger band (1.1482). Support is at the levels 1.1359-1.1376

Н1: On the local levels, the pair is clamped between Bollinger envelopes (1.1384-1.1432). ADX parameters appear insufficient to enable a breakthrough. But - we remember about a nonfarm payrolls release.

Expectations: So, in the technical point of view we expect trading inside the range 1.1394-1.1432. But with the high probability, these plans will be destroyed by any of the parties on release of NFP

Trading solutions: I warn against trading today. It will be a lottery

Aleksey Panasenko
Analista de la empresa" FreshForex
¿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.