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Daily price is on bear market rally, and weekly price is on bearish ranging to be started this week. Some most likely scenarios for the price movement are the following: the price will continuing with the bearish trend, orprice will go to the bullish reversal area to be reversed to the ranging bullish market condition. D1 price is on primary bearish with the local uptrend as the bear market rally: price is trying to break 1.4648 resistance level to above for the rally ...
2016-02-02 13:53 GMT | [NZD - GDT Price Index] past data is -1.4%forecast data is n/aactual data is -7.4% according to the latest press release if actual > forecast (or previous one) = good for currency (for NZD in our case) [NZD - GDT Price Index] = Change in the average price of dairy products sold at auction. It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income. ...
H4 price is on ranging condition located inside Ichimoku cloud and below Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is located within the following key reversal support/resistance levels: 14.40 resistance level located above Ichimoku cloud in the beginning of the bullish area of the chart, and14.18 support located on the border between the primary bearish and the primary bullish trend. ...
H4 price is on bearish market condition located near and below Ichimoku cloud: the price is moved along Senkou Span line (which is the virtual border between the primary bearish and the primary bullish trend on the chart) waiting for the direction for bearish or bullish trend to be started or continuing. Resistance Support ...
Daily price broke Ichimoku cloud for the reversal from the primary bearish to the primary bullish market condition: price was stopped near the upper border of the cloud - Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart. Absolute Strength indicator is estimating the ranging market condition, and Trend Strength indicator is evaluating the trend as the bullish condition to be in near future for example. If D1 price ...