After a period of absence commitments because we're back here to try to create some ideas operating in the forex market. No, I was not under an umbrella in the Maldives, I only had to be done. I hope to keep until August a bi weekly update, but I assure you nothing, you stay tuned, something interesting always reads it ... then holiday in August last, where it is not known yet, the first plane left for some island and then a well-deserved rest!
But we take our analysis of the situation and make a ripilogo. We
Euro Dollar, that after taking the millimeter target indicated porrtandosi weeks ago, rebounded to the top of the bearish channel. Following the Dow Theory, from which we often take inspiration for our analysis, we say that the trend is still bearish, and it will be until we have a clean break on the upside of that channel. Admittedly, the cross has come to test the trendline strongly superior dynamics, we now look to rebound towards 1.3440 area and a further test of 1.3480. Consider instead the certificate above 1.5000 area as a signal of trend short order. We already stressed the possibility of a summer in the lateral area between 1.3600 and 1.3300, but for now riamne always the most likely scenario following the rules of the Old Testament, but there is truly like an obsession. It 'a scenario that does not help us now in the operation, so we rely current scenarios, which are best suited to get operational. For a short
expect the decision to cross back below 1.3420 area. Today will probably be weak and a day of adjustment, but by tomorrow we will have more opportunity to understand the direction of the trend!
0 comments:
Post a Comment