EURUSD intraday forecast (technical side)

12 May 2015, 05:33
oleksandr bilokon
0
86

EURUSD h1

EURUSD

Common description of technical picture

Calculated values of daily horizontsresistances   R1=1,1194; R2=1,1212: R3= 1,1241;  supportS1=1,1136; S2=1,1118: S3= 1,1089.

Lines of  trend (channels): down - trend (1,1172-1,1081)

Indicators of  trend :indicator of Ichimoku - specifies on the decline of course, key levels of resistance (1th from 1,1174 to 1,1169 on the end of day, 2th from 1,1233 to 1,1210); daily of  EMA (24) is a tendency of decline from  1,1166; weekly of  EMA (120) is a tendency of decline from  1,1198.

Oscilators: OsMA (activity of parties) is an increase of activity of bulls after covergention; Stochastics (OB/OS) is a decline of neutral state.

We expect testing of levels of down-trend (1,1172-1,1081) and daily calculation levels of support (S1=1,1136; S2=1,1118),

where it is recommended to consider activity of parties.

For short-term sales, subject to condition forming of signals of turn from down - trend, aims will be levels 1,1118/1,1089, or brea-down to 1,1036/22.

Credible alternative for purchases, subject to condition hasp of down - trend, with aims to the key levels of support, and at a hasp higher to 1,1286/35.






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