Note: This section contains information in English only."There are nested Head-and-Shoulders tops on the 60-minute and daily charts."
– Al Brooks, full-time trader for 28 years, (based on investing.com)
Pair's Outlook
[ANNOUNCE]The common European currency had slightly retreated from the day's trading session's opening price against the US Dollar on Thursday morning.[/ANNOUNCE] However, the currency exchange rate faces no resistance up to the level of 1.1326, where the first weekly resistance is located at. Moreover, the weekly R1 is part of a cluster made up also from the monthly R1 at 1.1334 and the upper Bollinger band. Due to that and the combination of other technical factors the rate is set to end today's session higher.
Traders' Sentiment
SWFX trader sentiment remains unchanged at 64% long on Thursday morning. In addition, pending commands remain also unchanged at 53% to sell.
Thu, 15 Sep 2016 07:20:46 GMT
Source: Dukascopy Bank SA
– Al Brooks, full-time trader for 28 years, (based on investing.com)
Pair's Outlook
[ANNOUNCE]The common European currency had slightly retreated from the day's trading session's opening price against the US Dollar on Thursday morning.[/ANNOUNCE] However, the currency exchange rate faces no resistance up to the level of 1.1326, where the first weekly resistance is located at. Moreover, the weekly R1 is part of a cluster made up also from the monthly R1 at 1.1334 and the upper Bollinger band. Due to that and the combination of other technical factors the rate is set to end today's session higher.
Traders' Sentiment
SWFX trader sentiment remains unchanged at 64% long on Thursday morning. In addition, pending commands remain also unchanged at 53% to sell.