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. ...
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. ...
Trading the News: U.S. Consumer Price Index (CPI) A marked pickup in the U.S. Consumer Price Index (CPI) may heighten the appeal of the dollar and spark a further decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to implement higher borrowing-costs in 2016. What’s Expected: Why Is This Event Important: Signs of stronger price growth may encourage ...
Consumer prices in China were up 1.8 percent on year in January, the National Bureau of Statistics said on Thursday. more...
H4 price is on primary bullish market condition with the ranging within the following support/resistance levels: 1.1337 resistance and 1.1162 support level. If the price will break 1.1337 resistance level so the primary bullish trend will be continuing.If close H4 price will break 1.1162 support so the local download as the secondary correction will be started.If not so the price will be ranging within the levels. ...
Recent Comments