Jul 042015
 

4XEagleEye Chart

2015.06.26 [ | ] OIL is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (61.70) or a fall towards (59.20) in the coming session. We have to wait and watch the movement of the instrument from current levels.We do not see any trading opportunities on the current market condition.

Market Snaphoot 1 Market Snapshots


Summary
Direction
Moving Avg.

Indicators.
75%
Reversal Prob.
Oscillator Candle Harmonic
60.65 61.60 62.40 63.20 64.00
58.89 57.87 57.07 56.27 55.47
Hourly Alerts
Reverse Expected 26 Jun 2015 16:07:03 There is 75% probability that OIL will reverse soon. Traders should consider buying the instrument or taking profits on current short trades.
Neutral Trend Broken 26 Jun 2015 16:07:03 OIL is in down trend as long as it stays below (61.70), any 4 hours close above this level will change instrument`s direction. Traders should consider selling every rally with a stop loss above (61.70)
MACD Bullish Turning Point 26 Jun 2015 03:04:57 OIL MACD signal line has crossed above the indicator`s histogram while both of them, MACD and histogram, been less than Zero. This is a probable bullish short term turning point.
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

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