Forex

Last trading day was closed by a white candle which has almost completely absorbed  previous black candle that specifies in prevalence of the market bull moods. Today first half of day American dollar as becomes stronger in relation to the Japanese yen and promptly updates local maxima.

Nevertheless it is necessary to pay attention that the auctions pass near the top line of Bollindzhera, and  index of the Commodity Channel the long period of time is located in oversale zone that the turn specifies in possible correction.

At the same time Technical indicator ADX on the former gives a signal on buying as 13-period +DI it is located above 13-period-DI and thus itself ADX grows.

On 4 hour chart auctions as pass near the top line of Bollindzhera, and the index of the Commodity Channel as well as on the day chart specifies on oversale. Technical indicator ADX on the former gives a signal on buying as 13-period +DI it is located above 13-period-DI and thus itself ADX grows.

At present ascending movement was slowed down near level of resistance 95.50 and in case of its breakdown it is impossible to exclude the further growth to level 97.00, in a case of a release from level 95.50 correction can begin.