EURUSD - Neutral with bullish outlook

FX:EURUSD   Euro / U.S. Dollar
The hammer candle from Tuesday bounced from recent resistance at 1.11200 indicating that sellers are not strong enough for a break below.

The Bollinger bands have also tightened showing a lack of volatility , which is often seen before a period of strong volatility .

I am holding out for a candle to break above the 1st top bollinger band and close in the upper zone, this would be an ideal set up for a long position mid week commencing the 26th.

Good luck

Oliver R Evans
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out