Last week, the American consumer confidence increased; spending on building and selling real estate had also surprised the market, factors that helped oil rebound. If the current trend continued, a value above the $60 would be likely. News technical EUR/USD after the observed volatility, the pair seems to have calmed down, and all indicators show neutral signals. However, the graphic hours and 4 hours you can see a possible consolidation of the pair. Under most conditions Expert on growth strategy would agree. If Bollinger bands began to strengthen during the next few hours, you could return volatility to dominate in the pair. It would be advisable to wait until it happens the break. GBP/USD the bullish apparently cannot be He stumbles upon a significant resistance level. The indicators are in neutral territory.
However, in the graphic newspaper, IHR teaches purchases excess, and the slow stochastic implies a downward trend. REBNY understood the implications. Towards the end of the week possibly observe a downward correction. Wait the downtrend and entering at that moment would be preferable. USD/JPY pair does not have a defined direction. Lately it has been consolidated in the area of the 98.50.
The Bollinger bands on the hourly chart, begin to constrict. Investors should wait at the break and join the trend. USD/CHF pair seems traded in a range defined between the zone of the 1.1400 and 1.1250, without defined direction. On the daily chart, the RSI shows sales excess, so there would be upward pressure. Investors could buy at lows and selling on highs within the range. The letter of the day GBP/CHF after the upward trend in the hourly chart and 4 hours, now, notes to IHR in excess of purchases, so a correction bassist would be imminent. On the daily chart slow stochastic supports this notion. Investors may take advantages of this downtrend that will possibly happen and thus enter short at an ideal level.