EURUSD H4 weekly analysis (2016-06-weekly 20-24)

Analysis (Weekly):

Last week the couple started with a mark of 1.1334 (Open), with (gap + 59) and the estimated breakdown of the weekly resistance 1.1301 (R1 W1). Then there was the test 1.1342 (R2 W1) with a maximum of 1.1382 and 1.1236 before depreciation (almost EMA521). The further spread and growth of the test of 1.1408 (R3 W1) and reaching 1.1426 (High and 76.4 FIBO) was completed roll back down (which coincided with BREXIT-news) of the breakdown (up H4 broken, S1 W1, S1 MN) to 1.10911 (Low) and recovery to 1.1109 (Close).

OsMA indicator marked increase in activity bears. Oscillators Stochastics - neutral condition.

EURUSD H4 weekly analysis (2016-06-weekly 06-10)

Analysis (Weekly):

Last week the couple began 1.1357 (Open) with testing week calculated level of resistance 1.1383 (R1 W1) and reaching 1.1415 (High) and then return to the rate of breakdown of key levels 1.1311 (61,8 FIBO) to 1,1244 (Low) and 1.1252 (Close).

OsMA indicator marked increase in activity bears. Since Stochastics oscillator entered the state of OS, is likely to decrease in activity bears and the transition to a correction.

EURUSD H4 weekly analysis (2016-end 05/06 start)

Analysis (Weekly):

Last week was the transition (end of May and beginning of June). The week began a couple of 1.1114 (Open) test calculated level of support week 1/1105 (S1 W1) and reaching 1.1095 (Low) followed by the return rate and breakdown (down H4 channel) to (EMA521) and 1.1219 (50 FIBO-level). After that was completed before depreciation (down H4 channel broken) and the expected pullback up with breakdown calculated weekly resistance levels (S1 W1, S2, S3, 61,8 FIBO) to 1,1372 (High) and 1.1366 (Close).

OsMA indicator marked a significant increase in activity of bulls. As prices have exceeded 61,8% FIBO - level and Stochastics oscillator entered the state OB, is likely to reduce the activity of bulls and growth.

EURUSD D1 (monthly forecast 2016-06, technical side)

Weather (Monthly):

Calculated monthly level:

Support (S1 MN / S2 / S3 = 1.1083 / 1.0961 / 1.0763), resistance (R1 MN / R2 / R3 = 1.1480 / 1.1602 / 1.1801).

Key level (1st from 1.1143 to 1.1313 at the end of month, 2nd 1, 1305 to 1.1336).

The pair is in an ascending channel Up W1 canal (from 1.1061 to 1.1167).

Trending indicators Ichimoku, EMA24, EMA120 indicate the general direction of movement correctional decline of quotations, but prices are back above the limits EMA120 & Up-cumo of indicator Ichimoku.

The indicator OsMa marked increase in activity bears the sample (middle of Up W1 channel, EMA24, EMA120), and reduce the activity of bears on the return key at the limit levels, providing a basis for planning of trading correction.

Given the state of progress at least OS focus and Stochastics oscillator, expect to test levels of 1-key level and (EMA24), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For shopping, provided growth above 1.1217 / 40 (50-FIBO, EMA24), target levels may be 1.1310 / 1.1428 (61.8 / 76.4 - FIBO), or up to 1.1480 (R1 MN). More aggressive goals breakup can be (R2, EMA521, R3).

For alternative short positions on condition of formation of reversal of levels (EMA24) and depreciation below 1's key levels, target levels may be some turn (38.2-FIBO, Up W1 channel, S1-MN), less likely provided the breakdown (S1-MN) - to (down H4 broken, S2).

EURUSD D1 (monthly analysis 2016-05)

Analysis (2016-05-Monthly):

Last month the couple began 1.1461 (Open) breakdown of 1.1472 (S1 MN) and reaching 1.1616 (High) to the achievement of the expected goals purchases (R2 MN) .In was further depreciation in the current channel (down H4) below calculated support level 1.1283 (S1 MN) to a mark 1.1097 (Low), realized how target levels for the alternative sell (S3 MN). The end of the month can be characterized as the beginning of a reversal of the test 1.1006 (38.2 FIBO-level) breakdown channel (down H4 broken) and the closing month 1.1132 (Close).

OsMA indicator corresponding marked increase in activity bears in the middle of the month and decline at the end. Stochastics Oscillator noted at least in the state of OS and have a direction, up. They are found in close proximity to the base of the channel (Up W1).

See also the weather in May: : https://bi0l.blogspot.com/2016/05/eurusd-d1-monthly-forecast-2016-05.html