Daily price is on bear market rally within the bearish condition: the price is testing 96.70 resistance level together with 200-SMA for the reversal to the primary bullish market condition:
D1 price is located below 200 period SMA for the bearish market condition: the price is on bear market rally for the testing of 30-day high level at 95.50 to be crossed to above for the rally to be continuing. If the price will break 95.50 on close daily bar from below to above so the local uptrend as the secondary rally will be continuing with the good possibility to the bullish reversal. If not so the price will be ranging within ...
The euro shouldn’t be kicking around U.S. companies’ earnings any more. It caught fire on Thursday, jumping 1.8% against the dollar after the European Central Bank announced a fresh round of stimulus measures while playing down the potential for more rate cuts. That caught traders who had forecast a widening divergence between ECB and Federal Reserve policies off guard, making for a violent swing. ...
Intra-day price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the primary bearish market condition. The price bounced from 95.21 support level for the bear market rally to be started. If the price will break 97.48 resistance level so we may see the bullish trend to be started on this timeframe with the secondary ranging market condition.If price will break 95.24 support so the bearish trend will be continuing.If not so the ...
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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