mql5

H4 price is on ranging condition located inside Ichimoku cloud within the key reversal bullish/bearish support/resistance levels:

• Chinkou Span line is below the price indicating the ranging trend to be continuing,
• Absolute Strength indicator is estimating the ranging bearish market condition.

Resistance

Support

...

Tags: eurusd, ichimoku, market condition, technical analysis

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2015-12-18 13:30 GMT | [CAD - CPI]

• past data is 0.1%
• forecast data is 0.1%
• actual data is -0.1% according to the latest press release

if actual > forecast (or previous one) = good for currency (for CAD in our case)
[CAD - CPI]= Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out ...

Tags: cpi, fundamental analysis, usdcad

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GBP/USD: bearish breakdown. The pair is on bearish market condition located below Ichimoku cloud in the primary bearish area of the chart. The price is ranging within the following key reversal support/resistance levels:

• 1.5239 resistance level located on the border between the primary bearish and the primary bullish trend on the chart, and
• 1.4864 support level located below Ichimoku cloud in the bearish area of the chart.

Descending triangle pattern was formed by the ...

Tags: forex forecast, gbpusd, technical analysis

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EUR/USD H4: ranging bearish breakdown. The price broke Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart to be traded inside Ichimoku cloud for the ranging market condition. There are the following key reversal support/resistance levels for intra-day price:

• 1.1059 resistance level located above Ichimoku cloud in the bullish area of the chart;
• 1.0795 support level located on the border between the primary bearish

...

Tags: eurusd, forex forecast, ichimoku, technical analysis

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GBP/USD H4: bearish breakdown. The price is on bearish breakdown located below Ichimoku cloud and below broke Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. There are the following key reversal support/resistance levels for intra-day price:

• 1.5239 resistance level located above Ichimoku cloud in the bullish area of the chart;
• 1.4894 support located below Ichimoku cloud in the bearish area.

Absolute ...

Tags: forex forecast, gbpusd, ichimoku

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