1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Cable consolidates under key barrier at 1.4273 - daily 30SMA

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    EURUSD The Euro made renewed attack at 200SMA (1.1051), looking for bullish resumption of corrective leg from 1.0823, after daily Ichimoku cloud (spanned between 1.0865 / 1.0788), stopped larger descend from 1.1374 (11Feb high). Yesterday’s bullish close, with long-tailed daily candle, gave bullish signal, which results in today’s renewed attack at pivotal 200SMA, reinforced by 20SMA , just few ticks above. Bullish near-term studies support further upside action, however, mixed setup of daily

    Continue reading...
     

Share This Page