fxmillions

EURUSD 29th June 2015 Monday Gap Analysis

FX:EURUSD   Euro/U.S. Dollar
Did the market close the opening gap through the course of Monday or the week. I would say no, the market maintained the gap through the course of Monday and the whole week. Orders were processed regardless of the opening price in a structured manner.

Seems like it was a predetermined and measured movement. The length of the initial bullish movement would have ended exactly at the upper boundary of the channel and the retracemant would have met with support resistance lines marked in red; only if the market did not have a starting gap.

Is this coincidence or its the usual behavior when the market has opening gaps?
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out