GBPUSD: Retail trader data shows 70.5% of traders are net-long with the ratio of traders long to short at 2.39 to 1. In fact, traders have remained net-long since Apr 20 when GBPUSD traded near 1.40482; price has moved 9.4% lower since then. The number of traders net-long is 4.5% lower than yesterday and 7.3% lower from last week, while the number of traders net-short is 1.6% lower than yesterday and 9.7% higher from last week. We typically ...
H4 price is on the primary bearish market condition located below Ichimoku cloud: the price is ranging within the following key reversal support/resistance levels: 1.4325 resistance located inside Ichimoku cloud on the border between the primary bearish and the primary bullish on intra-day chart, and1.3947 support located far below Ichimoku cloud in the bearish area. Absolute Strength indicator is estimating the ranging condition, and Trend Strength indicator is forecasting ...
Weekly price is on bearish market condition for ranging between Central Pivot at 10807 and S1 Pivot support at 9190: the price was on breakdown with the bearish reversal in the beginning of this year by Central Pivot crossing from above to below so the price was fully reversed to the primary ebarish market condition. If the price breaks S1 Pivot at 9190 so the bearish breakdown will be continuing, otherwise - ranging bearish within the levels. ...
Daily price located below Senkou Span line which is the border between the primary bearish and the primary bullish trend on the chart: price was inside Ichimoku cloud for the ranging bearish market condition. It was good breakdown movement in the end of the week, and the price is breaking Ichimoku cloud to be reversed from the ranging bearish to the primary bearish condition with 1.0777 support level as the nearest bearish target in this case. If D1 price will break 1.0777 support ...
EURUSD Technical Analysis 2016, January: ranging for direction D1 price is on bearish ranging condition located inside Ichimoku cloud waiting for direction: The price is ranging within Senkou Span A and Senkou Span B to be located inside Ichimoku cloud.Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator for the possible bullish market condition to be started in the near future.Chinkou Span line is crossing the price to above for the bullish condition. ...
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