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mql5

  1. CAD/JPY Technical Analysis - bullish market condition with the ranging on the bearish reversalon

    by , 05-19-2016 at 01:30 PM
    Daily price is located near and above Ichimoku cloud for the bullish market condition with the ranging on the bearish reversal.

    If H4 price will break 82.63 support level so the bearish reversal of the daily price movement will be started.
    If H4 price will break 85.44 resistance level so the primary bullish trend will be continuing.
    If not so the price will be ranging within the levels.

    ...
  2. CAD/JPY Intra-Day Technical Analysis - ranging within 100/200 SMA area waiting for direction

    by , 03-29-2016 at 07:51 AM
    M5 price is located within SMA with period 100 (100 SMA) and SMA with the period 200 (200 SMA) waiting for the direction for the possible breakout or breakdown.

    • If the price will break 86.18 resistance level so we may see the bullish trend to be started on this timeframe.
    • If price will break 85.97 support so the price will be reversed to the primary bearish condition.
    • If not so the price will be ranging within the levels.

    ...