EURUSD intraday forecast (technical side) 2016-03-08

8 March 2016, 11:37
oleksandr bilokon
0
42
Calculated levels today:
Support (S1 / S2 / S3 = 1.1025 / 45/78), resistance (R1 / R2 / R3 = 1,0959 / 39/06).
Key support levels (1st from 1.0972 to 1.0984 late in the day, the 2nd of 1.0941 to 1.0972).
Expected test levels EMA120 confirmed, and then shot up H1 and achieve the objectives of short-term purchases.
Indicator OsMa marked increase in activity of bulls, but without exceeding the previous peak, which provides a basis for planning trading operations for today correction.
Given the state of OB oscillators Stochastics, expect a test levels (R1, R1-w, R2), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term purchases, on condition of formation of reversal EMA24,521, objectives are to estimate the resistance R3.
For alternative remedial sales, provided the following breakdown levels EMA24,521 target levels are equal up H1, or at umovы breakdown for S1, S2.

Chart: http://bi0l.blogspot.com/2016/03/eurusd-intraday-forecast-technical-side_8.html

Details:  https://youtu.be/E9C7hxG-FfI

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