Analysis for May 25th, 2016
EUR USD, “Euro vs US Dollar”
Eurodollar continues falling inside the “oversold zone”. Earlier, Super Trends formed “bearish cross”. The closest target is at the -2/8
level. If the market breaks it, the lines at the chart will be redrawn.
At the H1 chart, the price has rebounded from the 1/8
level, which means that it may start a new local correction. If later Eurodollar rebounds from the H1 Super Trend and the 2/8
level, it may resume falling and reach the 0/8
USD CHF, “US Dollar vs Swiss Franc”
Franc is quite steadily moving inside the “overbought zone”; bulls are supported by Super Trends. In the nearest future, the market may continue growing towards the +2/8
At the H1 chart, the price is also moving at the top. If the price stays above the +1/8
level during the day, it may continue growing. After the pair breaks the +2/8
level, the lines at the chart will be redrawn.
RoboForex Analytical Department
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