Trading UK GDP news event by NewsTrader EA 2016-01-28 09:30 GMT | [GBP - GDP] past data is 2.1%forecast data is 1.9%actual data is 1.9% according to the latest press release
Weekly price started the secondary correction within the primary bullish market condition in the beginning of December last year: price broke key levels from above to below and came to be very close to the key reversal support level breaking Ichimoku cloud together with Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is ranging within the following key s/r levels 2.3073 key resistance level located near ...
Daily price is located above 200 day SMA (200 SMA) and 100 day SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo support level at 1.4001 and Fibo resistance level at 1.4689: Bearish support reversal level for daily timeframe is 1.3140 so if the price breaks this level - we can see the reversal of the price movement to the primary bearish market condition."Last week the Canadian Dollar reached its lowest level ever on this survey! ...
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