Support and Resistance - indicator for MetaTrader 5 The calculation of support levels is based on the "Fractals down", the calculation of the resistance levels is based on the "Fractals up" of the Fractals indicator by Bill Williams.
Support ressitance - Barry (extended) - indicator for MetaTrader 5 This version is displayed in a different manner. To have the channel clear, set the fill colors to none.
AUD/JPY: daily breakout with the possible bullish reversal. The pair is on primary bearish market condition located below Ichimoku cloud with the secondary rally to be started: price is on local uptrend for the breakout of the key resistance levels trying to cross 84.79 resistance to above on close daily bar for the breakout to be continuing. Chinkou Span line is located below the price indicating the breakout to be continuing by the direction, and Absolute Strength indicator is estimating the bullish ...
As we see from M5 chart below - the uptrend is started after correction finished - the price was stopped by 44.97 resistance. if the price will break 44.97 resistance level on close M5 bar so the primary bullish will be continuing (good to open buy trade)if not so we may see the secondary ranging or correction inside the primary bullish ...
AUD/USD Monthly Technical Analysis for August 2014 Higher inflation data and the belief the Reserve Bank of Australia’s next move will be an interest rate hike, helped drive the AUD/USD into a new high for the year at .9504 last month. An improving economy in China also helped underpin the Forex pair at times during July. However, the stronger U.S. Dollar and the dumping of higher-risk assets helped drive the Aussie down during the last week of the July, leading to a lower close for ...
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