USD/JPY H4 timeframe The price is located near and above 200 SMA in the bullish area of the chart and below 100 SMA for the ranging market condition. The price is trying to break 100 SMA together with symmetric triangle pattern to above for the price to be reversed from the ranging bullish to the primary bullish trend. Alterbative, if the price breaks 101.73 support level to below so the reversal of the price movement from the ranging bullish to the primary bearish market condition ...
W1 price is broke S3 Pivot to below for the bearish breakdown to be continuing. The price is testing 98.97 support level together with symmetric triangle pattern to below for the bearish continuation, otherwise - ranging bearish.
Daily price is located near and below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is breaking 110.38 resistance level for the reversal to the ranging bullish market condition with 111.88 target to re-enter. Ascending triangle pattern was formed by the price to be crossed for the bullish reversal, and Trend Strength indicator is estimating the uptrend to be continuing in the near future. ...
USD/JPY: bearish breakdown. The price is located to be below 100-day SMA and 200-day SMA for the primnary bearish market condition: the price is on breakdown with 107.67 support level as the tager for the bearish breakdown to be continuing if broken. Alternatively, if the price breaks 113.79 resistance level to above so the bear market rally will be started within the bearish condition with the good possibility to the reversal of the price movement to the primary bullish market condition if 117.51 ...
Daily price is located to be below Ichimoku cloud for the primary bearish market condition: price is ranging within the following key reversal support/resistance levels: 110.66 key support level located far below Ichimoku cloud in the primary bearish area, and114.44 key resistance level located near Ichimoku cloud on the border between the primary bearish and the primary bullish trend. Chinkou Span line is below the price indicating the ranging condition, Trend Strength ...