Thursday, 28 April 2016

Forex Technical Analysis of EURUSD for October 20 (updated) - forex trading platform trial

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Forex Technical Analysis of EURUSD for October 20 (updated) ~ forex trading platform trial


Support                              -   S1 : 1.12946 | S2 : 1.12633 | S3 : 1.12212
Resistance                          -   R1 : 1.13680 | R2 : 1.14101 | R3 : 1.14414
Main Trend                       -   Bullish
Intraday Trend                 -   Neutral

On 4H chart of forex technical analysis for the exchange rate EURUSD, we observe that price break the lower channel of Andrew's Pitchfork and lost the support of  EMA(50).

Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:

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