Russian web-site /Log in / Registration Friday, 28 Jul 17
Main » 2013 » November » 20 » Forex Signals on EUR / USD on 20/11/2013
17:30
Forex Signals on EUR / USD on 20/11/2013
Forex Signals on EUR / USD on 20/11/2013


The EUR / USD is trading on the hourly chart within a downtrend. It shows that the EUR / USD is trading above the moving average with period 55 on the hourly chart (level 1.3521 ) , which has to raise prices in the short term.

The signal for the opening of the long position will sample the results of hours of resistance at 1.3536 in order to increase the resistance level at 1.3568 and in case of breakdown up to an hour to 1.3595 . Stoploss for this strategy can be placed at 1.3490 .

The signal for the opening short position will sample the results of hours of support at 1.3471 to decline to the support at 1.3439 and in case of breakdown up to an hour 1.3402 . Stoploss for this strategy can be placed at 1.3510 .

Given that the moving average and the location of the boundaries of technical figures over time, moves to the hourly chart to adjust their status. I also recommend the open position up to an hour to avoid false breakouts.

In the case of a strong movement in the breakout technical figures , I recommend to wait for the correction . That level, which was the resistance should be strongly supported and it was near this level should open position in the direction of the breakdown.



Alexei Oleg , a portal "Forex Analysis " - signals , forecasts
Category: Forex Signals | Views: 476 | Added by: Tyler | Rating: 0.0/0

Total comments: 0
InstaForex

Only registered users can add comments.
[ Sign Up | Login ]
Log in form
Subscribe now!

Calendar
«  November 2013  »
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
Best Broker
Our poll
Rate my site
Total of answers: 125
Chat-box
Statistics

Total online: 1
Guests: 1
Users: 0