mql5

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, and
• 1.3800 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 ...

Tags: bearish breakdown, gbpusd, technical analysis

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Daily price is located below 200-day SMA and 100-day SMA for the bearish breakdown: the price broke key support levels together with 100-SMA/200-SMA to be reversed from the primary bullish to the primary bearish market condition with 95.66 bearish target to re-enter.

• If price will break 95.66 support so the bearish trend will be continuing.
• If not so the price will be on bearish ranging within the levels.

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Tags: bearish breakdown, dollar index, technical analysis

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Dow Jones daily price broke 200 day SMA/100 day SMA area from above to below to be reversed from the primary bullish to the primary bearish market condition: the price broke 16,814 support level to below for the good bearish breakdown and with 15,295 level as the next bearish target. The price is located on 3-month low for now, and, according to RSI indicator - the bearish breakdown will be continuing in the near future.

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Tags: bearish breakdown, dow jones, technical analysis

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Crude Oil price is on bearish breakdown for crossing 36.29 support level from above to below for the bearish trend to be continuing. Chinkou Span line of Ichimokuy indicator is located below the price indicating the secondary breakdown within the primary bearish, and Absolute Strength indicator is estimating the ranging bearish market condition.

If close H4 price breaks 36.29 support level so the primary bearish will be continuing up to 36.13 as the next bearish target to re-enter. ...

Tags: bearish breakdown, crude oil

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Daily price is on bearish market condition with below of 100-period SMA and 200-period SMA:

• the price crossed 42.18 and 41.51 levels to below together with descending triangle pattern for the bearish trend to be continuing;
• next support levels to be broken are 37.31 and 36.29;
• nearest resistance levels are 42.18 and 41.51.

...

Tags: bearish breakdown, crude oil, mql5, technical analysis

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