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 ...
CAD/JPY H4: bullish reversal. This pair is on ranging market condition located to be inside Ichimoku cloud within 82.55 resistance and 81.35 support levels waiting for direction. There are 3 simple scenarios for the price movement for the week: bullish trend to be started in case the price breaks 82.55 resistance,bearish reversal in case the price breaks 81.35 support,or the ranging will be continuing within the levels. Chinkou Span line is located below the price ...
W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96: The price is on bullish ranging between pivot level at 114.36 and R1 level at 127.96;The price is breaking descending triangle pattern with 120.24 support to below for the local downtrend as the secondary correction to be started;If weekly price will break R1 Pivot at 127.96 so the primary bullish market condition will be continuing up to R2 Pivot value as the new top in this situation, ...
GBP/USD: bearish breakdown. The pair is on bearish market condition located below Ichimoku cloud in the primary bearish area of the chart. The price is ranging within the following key reversal support/resistance levels: 1.5239 resistance level located on the border between the primary bearish and the primary bullish trend on the chart, and1.4864 support level located below Ichimoku cloud in the bearish area of the chart. Descending triangle pattern was formed by the ...
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