EURUSD Technical Analysis For 20th October 2015 | 20 10月 2015

20 10月 2015, EUR/USD

EURUSD Technical Analysis For 20th October 2015
Technical View:
EUR/USD is currently trading with a bearish bias. The pair went short as previously forecasted but failed to hit a key pivot level 1.1294, we are currently waiting for the minor corrective move upwards to reach 1.1347 before we continue short, sellers should therefore get ready with short positions around 1.1347, with stops at 1.1294, and the next stop at 1.1259. This pair is strongly positively correlated to EUR/HKD, and EUR/JPY, thus they are expected to move in the same direction, therefore, only buy or sell the pair if all the other currency pairs are giving the same signal.

Trade Recommendations:

Wait for the current corrective move to reach 1.1347, then sell the pair with stops at 1.1294, and the next stop at 1.1259. Buy along 1.1294, and above 1.1380 with stops at 1.1440, and the next stop at 1.1479.

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus