Bulls are weakening but still pushing | 23 3月 2017

23 3月 2017, EUR/USD

Daily chart: bulls keep trying to push the price towards 1.0871 but ADX doesn't support their attempts, so we may expect rollbacks to the downside. ADX shows growing trend, so bulls have positional advantage.

Bulls are weakening but still pushing

Н4: here we see bearish oscillator divergence which signals weakening of bulls. However, ADX shows aggressive trend, so highs may be renewed today (upside breakout of 1.0830)

Bulls are weakening but still pushing

Н1: there is flat corridor of 1.0777-1.0812. The pair is likely to stay within the specified corridor today.

Bulls are weakening but still pushing

Expectations:

Core scenario - upside breakout of 1.0830 followed by rollback to 1.0777 region.

Alternative scenario - flat 1.0777-1.0812.

Solutions: consider buying in 1.0777 region towards 1.0812 and 1.0830.

Пополнение без комиссий в компании FreshForex

Aleksey Panasenko
FreshForex公司的分析员
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.