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  1. EUR/USD Intra-Day Technical Analysis - ranging bullish

    by , 04-04-2016 at 06:59 AM
    H4 price is located above SMA with period 100 (100 SMA) and above SMA with the period 200 (200 SMA) for the bullish market condition. The key support/resistance levels for this pair are the following:

    • 1.1437 resistance level located far above 100 SMA/200 SMA area in the primary bullish area of the chart, and
    • 1.1189 support level located between 100/200 SMA in the beginning of the bearish area.

    RSI indicator is estimating the ranging bullish trend to be continuing. ...
  2. USD to Turkish Lira: breakdown with the bearish reversal

    by , 04-03-2016 at 11:02 PM
    W1 price is on breakdown with the bearish reversal which was started in the end of the February this year: the price is breaking 2.8386 support level to below together with Senkou Span line which is the border Ichimoku cloud and the virtual border between the primary bearish and the primary bullish trend on the chart. The price is ranging within the following key support/resistance levels:

    • 2.6140 support level located below Ichimoku cloud in the primary bearish area, and
    • 3.0745
    ...
  3. Forecast for The Week - levels for EUR/GBP: bullish reversal breakout

    by , 04-03-2016 at 11:52 AM
    EUR/GBP: breakout with bullish reversal. Weekly price is breaking 200 period SMA for the reversal from the ranging bearish to the primary bullish market condition.

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    • if the price breaks 0.7946 resistance so the bullish trend will be continuing;
    • if the price breaks 0.7525 support level so the price will be reversed back to the bearish market condition;
    • if not so the price will be moved within the channel.

    ...
  4. Forecast for The Week - levels for USD/CHF: bearish breakdown

    by , 04-02-2016 at 06:50 PM
    USD/CHF: bearish breakdown. Daily price is on bearish breakdown with 0.9571 key support level and descending triangle pattern to be broken to below.

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    • if the price breaks 1.0091 resistance so the price will be reversed to the bullish market condition;
    • if the price breaks 0.9571 support level so the primary bearish will be continuing;
    • if not so the price will be moved within the channel.

    ...
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