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  1. GBP/CAD Next Week Outlook - ranging bullish with symmetric triangle pattern to be formed for direction

    by , 12-22-2015 at 10:56 PM
    D1 price is on primary bearish market condition with the secondary ranging: price is located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart.

    • The price is ranging within 2.0947 resistance level and 2.0469 support level.
    • Symmetric triangle pattern was formed by the price to be crossed for direction of the trend.
    • Tenkan-sen line is above Kijun-sen line of Ichimoku indicator for
    ...
  2. Forecast for Tomorrow - levels for GBP/CHF

    by , 12-16-2015 at 02:01 PM
    GBP/CHF H4: bearish breakdow to be continuing, or bearish ranging to be started. The pair was on bearish breakdown since 15 of Dec: price broke key support levels and it was stopped by 1.4829 support level together with descending triangle pattern to be formed for the bearish trend to be continuing.

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    • if the price breaks 1.4926 resistance so we may see the secondary rally within the primary bearish market condition;
    • if the price
    ...
  3. EUR/USD: bearish ranging within key levels

    by , 11-16-2015 at 10:27 AM
    EUR/USD

    The price for the pair is on primary bearish market condition for the secondary ranging within the following key support/resistance levels:

    • 1.1029 resistance level located near Ichimoku cloud and 'reversal' Sinkou Span line on the border between the primary bearish and the primary bullish on the chart, and
    • 1.0673 support level located far below Ichimoku cloud in the bearish area of the chart.

    Chinkou Span line is below the price indicating the ...