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CAD/JPY H4: bullish reversal. This pair is on ranging market condition located to be inside Ichimoku cloud within 82.55 resistance and 81.35 support levels waiting for direction. There are 3 simple scenarios for the price movement for the week: bullish trend to be started in case the price breaks 82.55 resistance,bearish reversal in case the price breaks 81.35 support,or the ranging will be continuing within the levels. Chinkou Span line is located below the price ...
Intra-day price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the primary bearish market condition. The price bounced from 95.21 support level for the bear market rally to be started. If the price will break 97.48 resistance level so we may see the bullish trend to be started on this timeframe with the secondary ranging market condition.If price will break 95.24 support so the bearish trend will be continuing.If not so the ...
W1 price on on breakdown with bearish reversal: the price broke Central Pivot at 120.63 to below for the reversal of the price movement from the primary bullish to the primary bearish market condition. The price broke S1 Pivot at 115.41 to below with S2 Pivot at 110.62 as the next bearish target. ...
W1 price is located below 200 period SMA and near 100 period SMA for the primary bearish market condition with the secondary ranging: the price is ranging within 50.0% Fibo resistance level at 1.1010 and Fibo support level at 1.0494. If the price will break Fibo support level at 1.0494 so the bearish trend will be continuing. If the price will break 50.0% Fibo resistance level at 1.1010 from below to above so the local uptrebd as ...
Daily price is on ranging market condition within the following key reversal support/resistance levels: 0.6752 key resistance level located above Ichimoku cloud in the primary bullish area of the chart, and0.6562 key support level located below Ichimoku cloud in the primary bearish area of the daily chart. Chinkou Span line is indicating the ranging condition to be continuing, and Trend Strength indicator is estimating the bullish trend to be started in the future.. ...
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