Euro. The bulls could bring price to 1.1248 | 02 November 2016

02 November 2016, EUR/USD

Daily chart: the pair has achieved the upper Bollinger envelope, and now the bulls have all chances to go to upper band (1.1248), which, in turn, price could once again return to the middle band (1.1011)

02112016e1

H4: a very aggressive ADX indicates full readiness of traders to the exploits and, accordingly, an increase to 1.1248. This oscillator shows that the pair slightly overbought, which opens the possibility for correction.

02112016e2

H1: there is a local support level of 1.1011 (middle Bollinger band).

02112016e3

Expectations:So, in general, we are waiting for growth toward 1.1248, but some rollback is possible in the area of 1.1011.

Trading solutions: looking for entries in the 1.1011 zone to 1.1248.

Aleksey Panasenko
Analis perusahaan "FreshForex"
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.