EUROSTOXX50 : in the descending channel. Technical analysis for 03.08.2016.

Forex analytics: Review and dynamicsOn the daily chart the index EuroStoxx50 is traded in a descending channel with the upper limit moving between the resistance levels 3040.0 (ЕМА200) and 3010.0 (ЕМА144 and Fibonacci 38.2% to the decrease since December 2015). Yesterday, the price has broken down support level of 2930.0 (ЕМА50 on the daily chart, ЕМА200, ЕМА144 on 4-hour chart) and consolidated ...