Presented is a buy analysis with the 1 hr chart.
We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support.
RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation.
Current strength and sentiment is heavily in the sterlings favor.
My TP is zone is our key resistance of 1.76000 with a stop loss below current support.
Please comment with thoughts and ideas. Thank you.
We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support.
RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation.
Current strength and sentiment is heavily in the sterlings favor.
My TP is zone is our key resistance of 1.76000 with a stop loss below current support.
Please comment with thoughts and ideas. Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.