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GBP/USD: ranging within bullish levels. The pair is located to be below 100 period SMA (100-SMA) and below 200 period SMA (200-SMA) for the primary bearish market condition for the ranging within the following key levels: 1.4600 psy resistance level, and1.3800 psy support level. The price is trying to break 1.3877 key support from above to below on close daily bar for the bearish trend to be continuing with 1.3800 psy support ...
Daily price was on bearish breakdown since the beginning of February this year: the price broke key support levels on the way to downtrend to be bounced from 110.97 support for the ranging market condition to be started. The price is ranging within the following key support/resistance lines: 115.96 key resistance line located near and below Ichimoku cloud on the border between the secondary bear market rally and the primary bullish market condition, and110.97 ...
Daily price is located within 100-day SMA/200-day SMA area ranging for the direction: Descending triangle pattern was formed with 1.0962 support to be crossed to below for the bearish trend.If the price breaks 38.2% Fibo resistance level at 1.1120 so we may see the bullish reversal to be started.If the price breaks 61.8% Fibo level to below so ther price will be reversed to the primary market condition on daily basis for example. ...
H4 price is on primary bearish market condition located below 100 SMA/200 SMA reversal area: the price is testing 1.3877 support level for the bearish trend to be continuing. If the price will break 1.4078 resistance level so the local uptrend as the bear market rally will be started.If the price will break 1.4396 resistance level so we may see the reversal of intra-day price movement from the primary bearish to the primary bullish market condition.If price will break 1.3877 ...
Daily price is located below 200-day SMA for the primary bearish market condition with the secondary ranging within 100-day SMA area and with key reversal bearish support level at 1.0989. If the price will break 1.1178 resistance level so the price will be reversed to the primary bullish market condition.If price will break 1.0989 support so the bearish trend will be continuing.If not so the price will be ranging within the levels. ...
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