USD/CHF. New data!

FEUA

Master Trader
May 12, 2009
36
0
62
forexltd.co.uk
Hi!
We would like to propose you an example of our technical outlook that could help you to understand better the situation on currency market:

The estimated variant for sales was implemented with overlap of minimal anticipated targets. OsMA trend indicator, after divergence formation, marked reverse momentum but further bullish activity rise was not enough for upside movement and now, considering bullish activity fall, you should expect retest of lower channel border, where it is recommended to reevaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for buying positions, the targets will be 1,0680/1,0700 and (or) further variant up to 1,7040/60, 1,0820. The alternative break-out variant for sales on condition of formation of confirmative signals will be below 1,0560 with the targets of 1,0500/20 further variant up to 1,0390/1,0410, 1,0220.

As for the other charts and outlooks you can see them here:
http://www.forexltd.co.uk/analytic/forecast

If you would like to subscribe for all the other free outlooks as well as paid outlooks concerning other financial tools, you could do it at our site http://forexltd.co.uk/.

Here you can find everything that you need to earn money on Forex!!
 

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