Technical Outlook for Majors 27/01/2016

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Technical Outlook for Majors 27/01/2016

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01-27-2016, 05:24 AM

WindsorBrokers WindsorBrokers is offline

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Technical Outlook for Majors 27/01/2016

EURUSD
The Euro extends two-day recovery from 1.0787, hourly higher base, formed on downside rejection towards pivotal 1.0776 support, 21 Jan low. Recovery rally penetrated into daily Ichimoku cloud, on probe above cloud base at 1.0859. Rally was so far capped by 30SMA at 1.0880, keeping intact psychological 1.0900 barrier.
Near-term studies are bullishly aligned, while daily indicators hold in neutral territory and MA

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