AUD/JPY may face range-bound conditions going in Japan’s 2016 fiscal year-end as it struggles to break the monthly opening range, but the broader outlook remains constructive as the pair preserves the bullish formations carried over from earlier this year. The lack of momentum to test the 87.70 (61.8% expansion) hurdle may keep AUD/JPY within a narrow range especially as the Relative Strength Index (RSI) preserves the downward trend carried ...
CAD/JPY: bearish reversal. Daily price was located on the bullish ranging markety condition since Devember 2016: the price was ranging within narrow support/resistance levels to be moving near-and-above Ichimoku cloud and inside Ichimoku cloud on the border between the primary bearish and the primary bullish trend on the chart. The price broke Ichimoku cloud to below at the end of the Februarythis year to be reversed to the primary bearish market condition with 84.67/84.17 support levels as the ...
GBP/AUD: bearish ranging within narrow sa/r levels for direction. This pair was reversed to the primary bearish market condition by breaking Ichimoku cloud to below in the beginning of the january this year. For now, the price is on bearish ranging within narrow support/resistance levels waiting for the rally to be started or for the bearish trend to be resumed. if the daily price breaks 1.6267 resistance so we may see the secondary ...
W1 price is located to be below yearly Central Pivot at 1.9586 and above S1 Pivot at 1.6704 in the bearish area of the chart. The price is on narrow ranging within 1.7828 resistance level for the secondary rally to be started and 1.6704 first pivot support level for the bearish trend to be resumed.
W1 price is located above Ichimoku cloud in the bullish area of the chart. The price is on ranging within the following key support/resistance levels: 1375.11 resistance level located far above Ichimoku cloud in the bullish area of the chart, and1302.36 support level located above Ichimoku cloud in the beginning of the secondary correction to be started on weekly chart. Descending triangle pattern was formed by the price to be crossed to below for the correction to ...
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