Monday 26 May 2014

FOREX Market Updates: Forecast for EUR/USD

Indicator analysis on the daily updates . The candle, closing on 23.05.2014, the Stochastic indicator in the period 8/5/3 : Fast line (white) on the last run , moving down is below its slow - medium signal down . Fast line (white) on the last run is below the 50% - the average signal down . Fast line (white) on the last run, moving down, the property has "convergence", upward - a strong signal up. Fast line (white) on the last run , moving down reached zero - the average signal up. Subtotal: Slow Stochastic indicator on the daily chart gives a downward trend while . Fast Stochastic gives an upper signal. Fast line (white) on the last run , moving down reached zero - the average signal up. Difference mezhdubystroy line ( white ) and a slow line (blue) on the last closed candle more than 10% - the average signal up. Grand total for the Stochastic indicator system : the probability beginning upper movement. System indicators RSI. When dealing with the daily chart , the following periods in the system of indicators RSI: 21 (brown ), 8 (blue ), 13 (yellow), 5 (red). On the last closed candle (candle from 05.23.2014 years). Location indicators RSI indicates downward trend : RSI (5)

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