EURUSD intraday forecast (technical side) 2016-05-27

27 May 2016, 04:20
oleksandr bilokon


 Calculated levels today:

(S1 / S2 / S3 = 1,11599 / 1,11440 / 1,11183), resistance (R1 / R2 / R3 = 1.12114 / 1.12274 / 1.12531).

Key support levels (1st from 1.11789 to 1.11845 in the late afternoon, 2nd from 1.11469 to 1.11719).

Indicator OsMa marked decrease in activity of bulls in the sample (down H4 broken) and key levels, which provides a basis for planning trading operations for today correction.

Due to a neutral state Stochastics oscillator, forward test (S1 W1, up H1) and the key resistance levels, where it is recommended to consider the activity of the parties on the charts of smaller timeframes.

For shopping, subject to reversal formation yid levels (S1 W1), estimated goals are resistance levels R1, R2, and to R3.

Alternative short sale makes sense provided the breakdown (up H1) with the goals of the levels (S1, S2).

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