TECHNICAL ANALYSIS EUR/USD
1 Hour Intraday Trading
As you can see from the chart below EURUSD is in an
uptrend from the 27th of February. Price is moving inside of the
boarders of the blue channel (T1) which is slopping upwards. After the 6th
of March when prices rallied towards 1.3865 both short and long holders wait to
gain power before their next move.
As long as the price is moving above the low boarder
of the channel, the EURUSD will be considered to be on an uptrend.
SCENARIOS
Most possibly price will try to correct the primary
trend, going back to 1,3852 (S1) and maybe test the 1,3823 (S2) before it moves
upward towards the (R2) 1,3916 and why not
break above this level, creating new highs.
On the other hand if price manage to break the (S2)
level at 1,3823 then we are heading for a test of (T1) trend line, a break
below of this trend line will alert a possible upcoming downtrend
INDICATOR ANALYSIS GBP/USD
Info presented by Vista Brokers
Комментариев нет:
Отправить комментарий