Daily price is on primary bearish market condition with the secondary rally which was started in the end of the February this year. Chinkou Span line is very near to be crossed with the price from below to above for the possible breakout, and Absolute Strange indicator is evaluating the price movement as the secondary secondary rally with the possible bullish reversal in the near future. If D1 price will break 1.3835 support level on close bar so the bearish trend will be continuing. ...
GBP/USD: ranging within bullish levels. The pair is located to be below 100 period SMA (100-SMA) and below 200 period SMA (200-SMA) for the primary bearish market condition for the ranging within the following key levels: 1.4600 psy resistance level, and1.3800 psy support level. The price is trying to break 1.3877 key support from above to below on close daily bar for the bearish trend to be continuing with 1.3800 psy support ...
H4 price is on primary bearish market condition located below 100 SMA/200 SMA reversal area: the price is testing 1.3877 support level for the bearish trend to be continuing. If the price will break 1.4078 resistance level so the local uptrend as the bear market rally will be started.If the price will break 1.4396 resistance level so we may see the reversal of intra-day price movement from the primary bearish to the primary bullish market condition.If price will break 1.3877 ...
H4 price is located near SMA with period 200 (200 SMA) waiting for the direction for the primary bearish or bullish trend to be started. If the price will break 1.4667 resistance level so we may see the bullish trend to be started on this timeframe.If price will break 1.4451 support so the bearish trend with the secondary ranging will be started.If not so the price will be ranging within the levels. ...
Daily price is on bear market rally, and weekly price is on bearish ranging to be started this week. Some most likely scenarios for the price movement are the following: the price will continuing with the bearish trend, orprice will go to the bullish reversal area to be reversed to the ranging bullish market condition. D1 price is on primary bearish with the local uptrend as the bear market rally: price is trying to break 1.4648 resistance level to above for the rally ...
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