MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9
Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7
Bollinger Bands Set tings:- Average = 20 | Standard Deviation = 2
Date: 29 Aug 2017
Time: 3:37 PM
| EUR-USD | ||||
|---|---|---|---|---|
| Technical Indicators | 4 Hourly | Daily | Weekly | Monthly |
| Fibonacci Retracement | ||||
| MACD | Up | Up | Up | Up |
| Fully Stochastic | Down | Up | Up | Up |
| Bollinger Band | ||||
| Chart Formation | ||||
| Market Direction | Neutral | Up | Up | Up |
| Market Comments | ||||
As MACD and Stochastic indicators in the major time frames all heading upwards there is a strong indication the bullish direction will hit the previous major resistance at 1.2230 mark. The EUR is definitely gain strength even after Brexit effect.
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