Today we expect a rebound from the zone of 12% and an increase to the zone of 16%. In case of fixation below the 12% zone, we expect a decline to the level of the weekly balance.
Today we expect a rebound from the zone of 4% and the subsequent decline to the level of limit buyers.
Today we expect a breakdown of the level of limit sellers and an increase to the zone of 16%. Weekly balance of market maker confirms the strength of the zone of 16%.
Successful testing of the 16% zone gives you the opportunity to open a buy position. The 12% zone is the closest resistance for today. Weekly balance of the market maker serves as a medium-term reference point of increase.
For this asset today, we expect a breakdown of the zone of 4% and a decline to the zone of 8%. In the case of testing the level of limit buyers there is a profitable opportunity to open bearish positions.
A detailed analytical review of the major currency pairs of the Forex market, Bitcoin and Ethereum cryptocurrencies, WTI crude oil, gold index, and S&P 500 stock index is further on YouTube channel.Dmitry Zeland, analyst at a brokerage company MTrading.