gbpusd intraday forecast (technicalside) 2018-02-09

9 February 2018, 08:31
oleksandr bilokon
0
23

gbp

Estimates for today:

 support (S1 / S2 / S3 = 1.38640 / 119 / 1.37275),

 resistance (R1 / R2 / R3 = 1.40329 / 850 / 1.41695).

Key support levels (1 st from 1.39299 to 1.39552 at the end of the day, 2nd from 1.39060 to 1.39505).

The OsMa indicator marked the growth of the party's breakdown activity at breakdown (down H1 broken), which provides the basis for the planning of trading transaction correction and for today.

Given the state of the Stochastics oscillators, expect a test (EMA120 and key levels), where it is recommended to consider the activity of the parties on the charts of smaller timeframes.

(Bear side). For sales positions under the condition of forming a turn from (down H4 / R1 / R2 / R3), the targets may be equal (S1 / S2 / S3).

(Side of bulls). For alternative short-term purchases, corrections from (key levels / S1 / down H1 broken) are the target levels (down H4 / R1 / R2 / R3).



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