Examples of using Local bottom in English and their translations into Russian
{-}
-
Official
-
Colloquial
As a result, the local bottom was fixed at 0.9550.
They were right- on 1 March, the pair found a local bottom at 1.2155.
That's exactly what happened: the local bottom was found exactly in the middle of the zone, after which the GBP/USD returned to 1.3200;
Many analysts reckon that sugar prices reached its local bottom in 2015.
On Wednesday 22nd March the pair reached the local bottom at 0.9880, and completed the week-long session at around 0.9911.
That's exactly what happened, and on Friday,September 8. the pair reached the local bottom at 0.9420.
The pair fell by almost 100 points,reaching the local bottom at 0.9893, and then it turned and finished the week at the level of 0.9950.
The pair obediently did so, having lost 190 pointsin a week and started touching a local bottom at 0.9437.
The local bottom, Powell hawkish rhetoric and today's PCE data can establish a strong upward corridor for the US currency.
Following which it will after all go south getting closer to the local bottom at the level of 1.1130;
At the same time the decline was quite small and, having found a local bottom in the Pivot Point area 1.0657, the pair turned around and went back to where it started the week, to the level of 1.0695;
As a result, the British currency collapsed by more than 200 points,reaching the local bottom at 1.2965.
The experts and the graphical analysis identify the level of 0.9550 as the local bottom for this pair, the resistance will be at 0.9700, the overall sentiment- bearish.
The analysts and the graphical analysis agree that the level of 103.40 is the local bottom for USD/JPY.
The pair ended up reaching the first of them, and almost got to the second one,fixing the local bottom at 1.2259. It then turned and completed the week in zone 1.2295;
The gloomy business performance indicators finally disappointed the market, and the pair went down sharply,reaching the local bottom at 1.1270.
At first the pair climbed to 1.4243, and then turned and went south,finding the local bottom in the zone 1.4010, not far from which it finished the week, at the level 1.4015;
After a short respite it rushed further down,which had been predicted by graphical analysis on D1. It reached a local bottom at 113.75;
Taking into account the standard backlash, this forecast also proved to be absolutely correct: the pair found the local bottom at 1.2660, and completed the five-day session at the mark 1.2745;
The pair ended up reaching the first of them, and almost got to the second one,fixing the local bottom at 1.2259.
As for the other experts and graphical analysis,according to their opinion the pair had already reached a local bottom and thus its upwards rebound to the area of 1.1300- 1.1330 should happen;
As for the immediate future, everybody- experts, graphic analysis andindicators- expects the pair to retest the local bottom at 110.00;
The pair fulfilled this task,even trying to overfulfill it when it reached a local bottom at the 0.9535 horizon.
In the longer term, the pair should break through the lower boundary of the channelin early May and rather quickly reach a local bottom of 1.0900;
True, it did not reach the set target, the low of August 1, 1.1025,having found the local bottom at the level of 1.1065.
And, in case of negative economic news, the pound will continue its decline,reaching a local bottom in the zone of 1.3085.
As expected, the pair was quick to reach the horizon 1.1800, and then moved further down,having touched the local bottom at the level of 1.1750;
However, a number of experts believe that the bitcoin will continue to fall, andin this case it can find a local bottom at the level of 7.720.
As to the acting of USD/CHF, both the experts andthe graphical analysis agreed that the pair reached the local bottom at the area of 0.9550- 0.9600.
According to 55% of analysts(weekly forecast) and 65%(monthly forecast),the pair has already approached its local bottom, and now it is waiting for a rebound upwards.