Weekly price is on bearish breakdown: the price is breaking Ichimoku cloud together with Senkou Span line which is the border between the primary bearish and the primary bullish trend on the chart. Price is breaking 4264.81 support level to below together with descending triangle pattern for the bearish breakdown to be continuing. Chinkou Span line crossed the price to below for the breakdown, and Absolute Strength indicator is estimating the primary bearish market condition in the future to be ...
EURUSD Technical Analysis 2016, January: ranging for direction D1 price is on bearish ranging condition located inside Ichimoku cloud waiting for direction: The price is ranging within Senkou Span A and Senkou Span B to be located inside Ichimoku cloud.Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator for the possible bullish market condition to be started in the near future.Chinkou Span line is crossing the price to above for the bullish condition. ...
Daily price is located below 200 period SMA (200 SMA) and below 100 period SMA (100 SMA) for the primary bearish market condition with the ranging within Fibo resistance level at 14.34 and Fibo support level at 13.64. RSI indicator is estimating the ranging condition to be continuing. If the price will break Fibo resistance level at 14.34 so the local uptrend as the bear market rally will be started up to 14.61 as the next target. ...
NZD/USD: breakdown with the bearish reversal. The price broke Ichimoku cloud from above to below together with 0.6589 support level and it was stopped by 0.6513 support in the primary bearish area of the chart. Chinkou Span line of Ichimoku indicator is crossing the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near and medium-term future for example. We are having 3 simple scenarios for the price movement ...
Dow Jones daily price broke 200 day SMA/100 day SMA area from above to below to be reversed from the primary bullish to the primary bearish market condition: the price broke 16,814 support level to below for the good bearish breakdown and with 15,295 level as the next bearish target. The price is located on 3-month low for now, and, according to RSI indicator - the bearish breakdown will be continuing in the near future. ...