En Eurusd 20150827 A

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Trading Signal - 27/08/2015 - 16:00 (GMT +3)

Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close

1.1307

Change

-0.26 %

Current

1.1306

52 Week High

1.2971

52 Week Low

1.0480

30 Days ATR

0.0082

40 Weeks ATR

0.0239

Time

60min
CHART

Next 3
Days

240min
CHART

Next 3
Weeks

Daily
CHART

Next 3
Months

Trend & Condition

Downwards Strong

Neutral

Upwards Strong

Oversold 2

Upwards Strong

Overbought 1

Support & Resistances

1.1270

1.1405

1.1200

1.1520

1.1130

1.1600

1.1270

1.1715

1.1090

1.1974

1.0930

1.2395

1.1270

1.1715

1.1060

1.1870

1.0805

1.2080

Comments

The TP1 has been reached. We


closed 50% of our position and
have moved the Stop loss at the
lock in profits level (1.1460).
Provided the market conditions
will remain the same the TP2 will
be reached soon.

The market is testing support at


1.1270. We are waiting to see
reversal signals in order to
reinstate LONG positions. Next
important support the 1.1090
level.

The market is testing support at


1.1270. We are waiting to see
reversal signals in order to
reinstate LONG positions. Next
important support the 1.1060
level.

Position & Trade Entry, Take Profit & Stop


Probability
Loss Levels
Position

Entry

SL

SHORT

1.1460

1.1460

Trade P.

TP1

TP2

Medium

1.1293

1.1130

Position

Entry

SL

BUY

Trade P.

TP1

TP2

Medium

Position

Entry

SL

BUY

Trade P.

TP1

TP2

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

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