GBPUSD intraday forecast (technical side) 2016-05-26

26 May 2016, 02:50
oleksandr bilokon
1
57

Chart: https://bi0l.blogspot.com/2016/05/gbpusd-intraday-forecast-technical-side_25.html

Calculated level for today:

 Support (S1 / S2 / S3 = 1,46248 / 1.45946 / 1.45457), resistance (R1 / R2 / R3 = 1,47227 / 529 / 1.48019).

Key support levels (1st from 1.45828 to 1.45844 in the late afternoon, 2nd from 1.45409 to 1.45766).

OsMa marked divergence indicator and decreased activity of bulls, which provides the basis for planning of trading correction dominated sales.

Given the state oscillators Stochastics, forward test (down W1 broken / R1 MN broken / up H1), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales correction, provided the breakdown (up H1), they can be the key levels of support and (S1, S2, S3), and provided to the breakdown levels (up H4).

For alternative shopping on condition of formation of reversal ((up H1), is the target levels (R1, R2, R3).

 

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