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  1. EUR/CAD Daily Price Action Analysis - ranging bearish with Fibo resistance level at 1.5026

    by , 04-28-2016 at 07:45 PM
    D1 price is located below 200-day SMA and 100-day SMA for the primary bearish market condition. The price is on ranging within the following key support/resistance levels:

    • Fibo support level at 1.4189 located below 100 SMA/200 SMA in the bearish area of the chart, and
    • Fibo resistance level at 1.5026 located above 200 SMA in the beginning of the bullish area.

    RSI indicator is estimating the ranging bearish market condition in the near future.

    If the price ...
  2. S&P 500 Technical Forecast for May, 2016: key resistance level to be testing for the bullish trend to be continuing

    by , 04-26-2016 at 04:24 AM
    Weekly price is on bullish market condition located above Ichimoku cloud: the price is testing 2,104.75 resistance level for the bullish trend to be continuing. Chinkou Span line is located above above the price indicating the ranging condition by direction, and Absolute Strength indicator is estimating the ranging condition to be continuing in the near future.

    If W1 price will break 2,012 support level on close W1 bar so the reversal of the price movement from the primary bullish ...
  3. Nikkei 225 Technical Forecast for May, 2016: bullish ranging reversal or ranging bearish?

    by , 04-26-2016 at 03:03 AM
    Weekly price is on bearish market condition located below Ichimoku cloud for the ranging within 17,736 resistance level for the ranging bullish reversal and 15,321 support level for the bearish trend to be continuing. Chinkou Span line is located below the price for the ranging bearish, and Absolute Strength indicator is estimating the trend as the secondary ranging in the near future.

    If W1 price will break 15,321 support level on close W1 bar so the primary bearish trend will be ...
  4. AUD/CAD Technical Analysis 2016, 24.04 - 01.05: bearish reversal with breakdown

    by , 04-24-2016 at 08:20 PM
    Daily price is on bearish reversal with the breakdown which was started in the middle of the last week: the price is testing 0.9751 support level for the breakdown to be continuing. Chinkou Span line crossed the price to below for the bearish trend, and Absolute Strength indicator is estimating the bearish breakdown to be continuing in the near future.

    If D1 price will break 0.9751 support level on close bar so the bearish trend will be continuing.
    If D1 price will break 0.9961 ...
  5. GBP/JPY Technical Analysis 2016, 24.04 - 01.05: possible bullish reversal by breakout

    by , 04-23-2016 at 06:14 PM
    Daily price is on local uptrend as the secondary market rally: the price is testing Ichimoku cloud levels for the possible reversal to the ranging bullish market condition.

    Chinkou Span line is crossing the price to above on open daily bar for the possible bullish reversal by breakout, and Absolute Strange indicator is evaluating the bullish trend to be started in the near future.

    If D1 price will break 154.70 support level on close bar so the bearish trend will be ...
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