Analytics

The price found a loophole and got out of the protracted side of the sidewall and now we have been observed as the euro rate.

The situation in the considered pair is as long as the proposed scenario. The euro is trying to dial the speed to form the third pulse wave of the ascending impulse.

Four-hour EUR / USD Couple Schedule. From the reversal level (1/8) a moderate retracting movement is developing, but as long as the price can not entrenched above the level (2/8), so the scenario with a reversal pattern is considered only as an alternative.

Forecast for the week January 24-28: # SP500: American stock market Three weeks in a row demonstrates a decline in the new five days, I expect the continuation of the downward trend, since the US Fed Wednesday will hold the first The meeting this year, where it will give landmarks to change credit and monetary policy.

Four-hour EUR / USD Couple Schedule. The false breakdown of the main level of support / resistance (4/8) and strong rollback price down makes a priority scenario with the development of a downward movement towards the main level of support 1.1230 (0/8).