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Business / Finance

An analyst from the company ForexMart (Forexport)

MQL5: Blogs Traders 24.05.2017 at 11:46

Blogs traders and analyst of financial markets

EUR/GBP. 24.05. Corrective pullback

the Previous day the pair finished the decline. Today, the pair went under the Pivot level 0,86409 and continues to decline. Now the cross is located near the first support level S1 0,86078. MACD on the hourly chart is reduced. RSI shows rising from the oversold zone. Most likely, today we are waiting for a small correction. Support level: 0,86078, 0,85880, 0,85549. Resistance level: 0,86607, 0,86938, 0,87136

USD/CAD. 24.05. Looney within the descending channel

USD/CAD continues to move within descending trend. Yesterday the dollar tried to break the resistance level of 1,3540, but the attempt was unsuccessful, and the pair fell back to 1,3500. Positive dynamics is preserved Harriers, mainly due to the high cost of oil. Ahead of tomorrow's OPEC meeting quotes Brent crude rose towards $54,34 per barrel.