AUD/CAD: possible bullish breakout. Intra-day price is breaking Ichimoku cloud to above for the reversal of the price movement from the primary bearish to the primary bullish market condition with 0.9958 key reversal resistance level. Chinkou Span line is located near and below the price to be ready for the breakout, and Absolute Strength indicator is estimating the future trend as the ranging bullish. There are the following news events ...
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 ...
Daily price is located above 100-day SMA/200-day SMA area for the bullish market condition with the ranging within the following key support/resistance levels: 16.01 resistance located above 200-day SMA area in the primary bullish of the chart, and15.16 support level located near 200-day SMA on the border between the primary bullish and the primary bearish trend. RSI indicator is estimating the ranging bullish trend to be continuing If the price breaks 15.16 ...
The price was on the secondary correction by breaking 100 period SMA (100-SMA) to below to be bounced from 1809.44 key bearish reversal support level to break 100-SMA once again to above for the primary bullish market condition. For now - the price is located to be above 100-SMA/200-SMA ranging area within the following support/resistance levels: 2132.59 resistance level located above 100-SMA/200-SMA on the bullish area of the chart, and2022.14 support level located near and ...
The euro shouldn’t be kicking around U.S. companies’ earnings any more. It caught fire on Thursday, jumping 1.8% against the dollar after the European Central Bank announced a fresh round of stimulus measures while playing down the potential for more rate cuts. That caught traders who had forecast a widening divergence between ECB and Federal Reserve policies off guard, making for a violent swing. ...