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  1. EURUSD Price Action Analysis - ranging within 100-day/200-day SMA for direction

    by , 02-28-2016 at 10:32 AM
    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.

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  2. GBP/USD Intra-Day Technical Analysis - bearish with key support level to be testing

    by , 02-25-2016 at 11:39 AM
    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
    ...
  3. EUR/USD Daily Technical Analysis - ranging on reversal

    by , 02-24-2016 at 11:22 PM
    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.

    ...
  4. USDCHF Price Action Analysis - 50.0% Fibo resistance level to be crossed for the bullish trend to be continuing

    by , 02-24-2016 at 11:47 AM
    W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between Fibo support level at 0.9660 and Fibo resistance level at 1.0328. The price is breaking 50.0% Fibo resistance level at 0.9997 to above with the bullish triangle pattern was formed for the ascending trend to be continuing.

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    If the price will break Fibo support level at 0.9660 so the reversal of the price movement from the primary ...
  5. EURUSD Intra-Day Technical Analysis - intra-day ranging bearish; daily ranging bullish; weekly ranging on reversal

    by , 02-23-2016 at 06:57 AM
    H4 price is on primary bearish market condition located to be below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart.

    • Chinkou Span line is below the price for the ranging bearish condition by the direction.
    • Absolute Strength indicator is estimating the secondary ranging.
    • Descending triangle pattern was formed by the price to be crossed for the bearish trend to be continuing.

    ...
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