MAJOR PAIR weekly analysis 2018-05-w4 (technical side)

27 May 2018, 17:27
oleksandr bilokon
0
28
Last week the pair started with the mark (Open 1.17703; gap +5) with the test S1W1 before (17176) and the height up (High 1.18288). Further downgrades formed a down trend (down H4), which became a precondition for further developments. Further, the course breaks the calculated levels of pwttrmya: 1-degree - breakdown S1W1 to S2W1; 2-step - Correction return movement to S1W1 and breakdown below S2W1 to (Low 1.16540) and close the week (Close 1.16600).

The last week started with the mark (Open = Low 0.99746; gap +1) with the test of key resistance levels up to (High 1.00004) with subsequent breakdown (S1W1 / S2W1) to (S3W1), correction above (S1W1) and repeat breakdowns to (Low 0.98848) . Then there was another correction to (S2W1) and decrease with closing of the week (Close 0.99018).

The last week started with the mark (Open 1.34741; gap +30) with further breakdowns below (S1W1) to (S1W2), correction to (High 1.34903) and gradual breakdown (S2W1 / S3W1), to (Low 1.32926) with closure of the week (Close 1.32966).

The last week started with the mark (Open 110.858; gap +98) with breakdown attempt (R1W1) to (High 111.386); Further downgrades to the key levels and (S1W1) were suspended by the test (S2W1) to (low 108.945) and the correction rate with closure of the week (Close 109.468).
Share it with friends: