Wednesday, November 1, 2017

EURUSD. Chorus officials.

EURUSD. Chorus officials.

R4
1.1370 daily high September 14


R3
1.1330 daily high September 21


R2
1.1295 daily high September 24


R1
1.1225 daily high September 25


Current price 1.1190


S1
1.1160 day lows 24 and 28 September


S2
1.1110 daily low September 22


S3
1.1090 day lows 3 and 4 September


S4
1.1055 daily low August 17



speech
Janet Yellen, took place, for someone on Thursday night, and for someone in
Friday morning, market participants rated as tougher and optimistic compared
with her speech at a press conference a week earlier. Once again, mentioning that,
that the overall picture is still fuzzy, and the negative impact of low prices on
oil and the high dollar is temporary on inflation figures
nature, and they eventually begin to move to a target level of 2%, pushed by
a high level of employment, she joined her before speaking
colleagues, saying that it would be an adequate strategy in these circumstances, to start a leisurely
tightening of monetary policy by the end of this year. Thus, if
judging by recent performances, in the ranks of the members of the Federal Committee was outlined
some agreement that is good for a couple of bears. Of course,
a lot can still change for the time ahead, but for now, the probability
raising the discount rate is estimated very highly. This week will
still a whole lot of people, the phenomena of officials of the Federal Reserve, since
Dudley, Evans and Williams today, again, Dudley and Yellen on Wednesday, again in Williams
Thursday, the curtain will close the week after peyrollov Fisher. Many of them we
recently we heard, but the market's reaction, in case of any surprises,
It may well be significant. Risks shifted slightly upward, so that the force
positive, inspired by the recent speakers officials will be difficult, in here
dilute or spoil - always easy.


The technical picture and
trading strategy.


daytime
LEDs are directed downwards and are close to neutral levels,
sentries at the moment is also neutral. Exclude the possibility of another
attempts to storm the key support levels 1.1080-1.1100 is not worth it, however,
for their breakthrough needed additional incentives, which, in principle,
appear this week. Bulls need to gain a foothold in the figure for 1.12oy
further recovery to 1.1300. Small purchases from lower levels
today are still the preferred strategy.


Buy
limit 1.1110, stop 1.0940, profit 1.1280


Buy
limit 1.1060, stop 1.0940, profit 1.1280


Buy
limit 1.1020, stop 1.0940, profit 1.1280


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