€ / $: above 1.5 this year

On a yearly basis,

Bollinger band spread is not minimal and will stay at the same level for some periods. A bullish A type crossover is in progress with our 7 / 23 years moving averages. UY is our main resistance.

On a quarterly basis, Bollinger spread is a reference one. For our 7 / 23 quarters moving averages, a PEI is not ruled out. On a monthly basis, the UM / LM spread is far away from its minimal level. A PEI is in progress with our stochastic and MACD. A bullish A type crossover is expected. UM is our next target.

Idea: towards UQ

Bet: bullish

R = UY (1.5083), UM (1.5127), UQ (1.5467);    S= MM (1.3676)

 

Medium term: UW / LW is a reference one

On a weekly basis, TAM are up. UW is our next objective.

Idea: use our weekly MACD as a leading indicator

Bet: UW as a first objective.

R = UW (1.4146);     S = MW (1.3548)

 

  

Short term: bullish parallel

On a daily basis, a type II PEI is in progress. A PEI is in progress with our MACD.

Idea: use parallel rules

Bet: towards UW

R = UW (1.4146);   S = PD (1.3571).

 

Conclusion: as long as MD proves to be a support, UM is our main objective.

 

Laisser un commentaire

Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *