1 June, 2015
Monthly chart: we still wait when the index will reverse to correction. Marginal area is represented by the upper Bollinger band (2197.7).
Weekly chart: a local flat corridor within the range 2007.8-2150.2
Day chart: even a better shaped flat area 2078.7-2142.6
Expectations: flat position within the range 2078.7-2142.6
1) Trading in both sides within the channel 2078.7-2142.6
Monthly chart: To be based on general bearish scenario, bears could be more persuasive. But meanwhile Southern scenario is not broken, we wait 48 USD per barrel in the middle run.
Weekly chart: Here bulls claim for reversal. For that, a new High has to be reached. Until it is reached, decline continues.
Day chart: key resistance is based at 68.98. Any movement above means that bullish potential starts to work here and threat of failure of a Southern scenario.
Expectations: Until Brent is traded below 68.98, we wait for decline down to 48.00 in the middle term. If there is a break above 67.00, a new Northern impulse may occur.
1) We keep sales open to 48.00
Monthly chart: Flat structure is still here.
Weekly chart: Gold in the bottom envelope with support at 1144.62
Day chart: a bullish pin has been received but place of emergence is controversial. Nevertheless, we are based from the possibility of growth to upper Bollinger band 1226.24
Expectations: Growth to 1224.26
1)We buy to 1224.26
Analyst of «FreshForex» company
Daily chart: the pair continues to be a wide flat range within the envelope Bollinger (1.5417-1.5711). Expectations: touching zone 1.5586 and rising to 1.5651...
The daily chart: it is likely that flat status of ADX forecast to the Pound the day with a low volatility. We expect a calm trading around the middle Bollinger band (1.56)...
Daily chart flat state of ADX and Bollinger envelopes say that the pair will spend the day (and the nearest time) within the present range: the upper envelope (123.39-125.17)...
Daily chart: the upper Bollinger band rose even higher - at 125.17 and now this mark is an actual target for growth. So, we wait for growth to 125.17, but in the area of 124.47 we can probably meet turbulence and a possible rollback...
Daily chart: the pair has predictably broken Inside bar up and now is moving to the upper Bollinger band (125.09) (125.09)...
Daily chart: the Euro preserves a growing tendency and continues to rise to the upper Bollinger band (1.1224), which, given the state of ADX, is likely to be corrected downwards to the middle band (1.10)...
Monthly chart: scenario of reversal is justifying itself. Northern marks are still achievable, but the bullish momentum has depleted to a notable extent...
Daily chart: Euro is still forced down. Currently the target is 1.0789 (the bottom Bollinger band). Somewhere you meet a significant support for a correction and as a result new sales area to move on trend...
Monthly chart: bulls bolted off to work on the upper Bollinger band (2190.6), but ADX is persistent in its decline, so we are waiting for a downward reversal...