Pipsafe Logo

EUR/USD Analysis (2015.11.12)

Source: AvaTrade Forex Broker (Review and Forex Rebate up to 85%)

Summary :
Target Level : 1.0807
Target Period : 18 hours

Analysis :
Ascending Triangle has broken through the resistance line at 12-Nov-01:30 2015 GMT. Possible bullish price movement forecast for the next 18 hours towards 1.081.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 1.0774Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 1.0707Last support turning point of Ascending Triangle.

EUR/USD CHART

AvaForex_571306270

 

Source: Fxpro Forex Broker (Review and Forex Rebates up to 85%)

EUR/USD Intraday: key resistance at 1.079.

Pivot: 1.079

Most Likely Scenario: Short positions below 1.079 with targets @ 1.0705 & 1.067 in extension.

Alternative scenario: Above 1.079 look for further upside with 1.083 & 1.086 as targets.

Comment: As long as 1.079 is resistance, look for choppy price action with a bearish bias

 

[ssba]

user image
Reply

MACD Says

0 1

both of the reports are via software.Ava trade broker using of Autochartist software

user image
Reply

zirtoni Says

0 1

I think we have a good up trend from now.You can buy it now



LEAVE A COMMENT


capcha

ADVERTISE

Alert Header

Alert Message