EURUSD Elliot Waves Analysis For 23 December 2015 | 23 12月 2015

23 12月 2015, EUR/USD

EURUSD Elliot Waves Analysis For 23 December 2015
Wave analysis:
EUR/USD is currently trading with a slight bearish bias. Wave (4) went a bit higher crossed and even closed above a key resistant level 1.092. We expect the current downward movement to retrace back to 1.092 before we continue long. As long as the pair trades above 1.093, we are long, any clear breakout below 1.092 will call for short position with targets below 1.081. Ideally, a close below 1.092 will mean a continuation of wave (5). This pair is strongly positively correlated to EUR/HKD, EUR/GBP, and EUR/AUD. These pairs have a strong positive correlation and are thus expected to move in a similar direction. Only buy or sell Eur if all the other positively corerrelated pairs are showing the same signal.

Trade Recommendation:

As long as the pair trades above 1.093, look for long positions with targets above 1.100. Any clear breakout below 1.092 will call for short position with targets below 1.081

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