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  1. USD/JPY Technical Analysis 2016, 22.05 - 29.05: bearish ranging near Senkou Span bullish reversal

    by , 05-23-2016 at 05:51 AM
    Daily price is located near and below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is breaking 110.38 resistance level for the reversal to the ranging bullish market condition with 111.88 target to re-enter. Ascending triangle pattern was formed by the price to be crossed for the bullish reversal, and Trend Strength indicator is estimating the uptrend to be continuing in the near future.
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  2. GBPJPY Price Action Analysis - Fibo resistance level at 161.62 to be broken for the rally to be continuing

    by , 05-23-2016 at 12:08 AM
    Daily price is located far below 200 period SMA and near below 100 period SMA for the primary bearish market condition with secondary rally. The price is testing Fibo resistance level at 161.62 to above for the rally to be continuing.

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    If the price will break 155.65 support level so the primary bearish trend will be continuing without ranging.
    If the price will break Fibo resistance level at 161.62 from below to above so the price ...
  3. AUD/NZD Price Action Analysis - bearish trend to be continuing by 10-day low to be breaking

    by , 05-22-2016 at 06:05 PM
    Daily price is located below 200-day SMA for the primary bullish market comndition. The price is breaking 10-day low level at 1.0650 to below for the bearish trend to be continuing.

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    If the price will break 1.0650 support level so the primary bearish market condition will be continuing.
    If the price will break 10-day high at 1.0918 to above so the reversal of the price movement from the primary bearish to the primary bullish condition ...
  4. AUD/JPY Technical Analysis - bearish ranging within narrow levels

    by , 05-19-2016 at 06:41 PM
    Daily price is on bearish market condition located below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish on Ichimoku chart. The price is on ranging within narrow s/r levels waiting for direction.

    If the price will break 78.16 support level so the primary bearish trend will be continuing.
    If the price will break 80.64 resistance level so the local uptrend as the secondary rally within the primary bearish condition ...
  5. CAD/JPY Technical Analysis - bullish market condition with the ranging on the bearish reversalon

    by , 05-19-2016 at 02:30 PM
    Daily price is located near and above Ichimoku cloud for the bullish market condition with the ranging on the bearish reversal.

    If H4 price will break 82.63 support level so the bearish reversal of the daily price movement will be started.
    If H4 price will break 85.44 resistance level so the primary bullish trend will be continuing.
    If not so the price will be ranging within the levels.

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