flag-gb flag-my flag-zh flag-id flag-th flag-vi

TECHNICAL ANALYSIS MAY.26

Euro

On the 4-hour chart, the pair consolidated above the support at 1.1130 and then slightly increased at the end of trading. The analysts from Fort Financial Services said that the session ended at 1.1165.

The bulls will maintain the leadership if they break through the resistance at 1.1200. Their target will be 1.1250 and 1.1300.

The bears will regain the initiative if they break through the support at 1.1130. Their target will be 1.1070.

technical_eurusd_26_05_2016_1

Pound

On the 4-hour time-frame the sterling continued to strengthen against the US dollar. The pair reached a new level and the resistance at 1.4670 was aggressively overpassed. The pair is influenced by the bullish mood.

The bulls will maintain the leadership if they break through the resistance at 1.4760. Their target will be 1.4880.

The bears will regain the initiative if they break through the support at 1.4670. Their target will be 1.4560 and 1.4480.

technical_gbpusd_26_05_2016_1

Yen

The Japanese yen continued to strengthen against the US currency on the 4-hour chart. The pair activity was low so it was traded in the range limited by 109.80-110.60. The analysts from FortFS said that buyers kept the situation under control.

The bulls will maintain the leadership if they break through the resistance at 110.60. Their target will be 111.40.

The bears will regain the initiative if they break through the support at 109.80. Their target will be 109.00 and 108.20.

technical_usdjpy_26_05_2016_1

Read the full review on our site:
https://www.fortfs.com

Latest news

Share posts and earn money

2020-09-16 08:29:16

We are launching the long-awaited rewards program for all subscribers of our social networks – share posts with your friends and get money on your FortFS account as a reward! 🥇 The participants will get the following benefits: • Real money for reposts • The reward is available for withdrawal without restrictions • You can […]

No Deposit Bonus 100 USD

2020-08-20 20:43:20

Dear Traders, Make sure to receive $100 on your trading accounts only from the 20th to the 28th of August! No Deposit Bonus 100 USD is the best way to start trading and test all of the Company’s products! GET BONUS The bonus features: Withdrawal of up to 100 USD 75 lots of trading turnover […]