The dominant trend uptrend
Market Comment
Bidding for December futures on Tuesday, almost standing still, however, compared with futures closing yesterday in a good plus.
On the one hand, the euro area shows that it is ready for work: the market to discuss the possibility of the ECB's decision next week to continue the program of redemption of bonds secured by mortgages or public sector loans, as well as additional package of measures mitigation of monetary policy.
On the other hand, the U.S. also do not sit with folded hands before it was announced that the Federal Reserve System under the "twist" will buy U.S. government debt 13 times per month, to sell the property - 6 times a month, thus changing the structure the bond portfolio.
In general, players are waiting for more serious steps, rather than detailed discussions to determine the direction of movement.
The daily price movements of the euro
Source: Strategy RunnerTechs futures trading in euros
The medium-term downtrend, the purpose of this movement - stop the sale of 1.3400 with an attempt to restore the level of 1.3600.
Analysis Indicators
According to testimony Ichimoku indicator, futures euro medium-term downward trend, the key average traded in Sync: quick look flat, slow - horizontally - a sign the trend is changing. Are losses is an important support level going through the 1.3400 level. The first level of resistance - 1.3600.
MACD is in negative territory. Key indicators show average wear passage. Among the indicator and note the schedule of prices bearish divergence - a sign of weakening sales.
Stochastic oscillator. Currently, generated output value of indicators oversold zone (20 points or less) - primarily in the manufacture of buying oversold zone.
other posts
- fibonacci arcs mq4 download
- pring kst for mt4
- download the best filter indicator forex
- double cci woodies mq4
- waddah attar super support resistance mq4
