Analytics & Forecasts

Chart EURUSD H1 for intraday forecast (technical side) 2016-03-01

1 March 2016, 14:01
oleksandr bilokon
oleksandr bilokon
0
35

Chart :http://bi0l.blogspot.com/2016/03/chart-eurusd-h1-for-intraday-forecast.html

 Calculated levels today:

Support (S1 / S2 / S3 = 1.0858 / 34 / 1.0795) and resistance (R1 / R2 / R3 = 1,0937 / 61 / 1.1001).

Key resistance levels (1st from 1.0980 to 1.0895 late in the day, the 2nd of 1.0989 to 1.0964).

Reduced activity bears for the last trading day due to a set of technical conditions as kickbacks from DownW1 broken and convergence indicator OsMa noted that preference for planning trading operations for today correction.

Given the state of neutral oscillators Stochastics, expect to test support levels S1 and slain trend levels (DownW1 broken), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term purchases, on condition of formation of rollback levels S1, the trend (down W1 broken), goals are the key levels of resistance and resistance levels calculated R1 / R2 / R3 (EMA 120 and 521).

For alternative sales breakdown provided below target levels S1 is level S2, and at the breakdowns below to S1-m, S3