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eu1-1024x426

  • EUR/USD (H4): Moving above resistance still problematic    
  • Forecast: Price should rebound lower from resistance 1.1300
  • Alternative Scenario: Breaching current, local resistance                            
  • Comments: Price range is narrowing – in next sessions we should see a breakout from one or another side                                                                                    
  • Payout: PUT @ 1.1300 à 80% return expiring at 20:00GMT

EU_screen 09.10

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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