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. ...
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. If the price will break Fibo support level at 0.9660 so the reversal of the price movement from the primary ...
W1 price is located below 200 period SMA and near 100 period SMA for the primary bearish market condition with the secondary ranging: the price is ranging within 50.0% Fibo resistance level at 1.1010 and Fibo support level at 1.0494. If the price will break Fibo support level at 1.0494 so the bearish trend will be continuing. If the price will break 50.0% Fibo resistance level at 1.1010 from below to above so the local uptrebd as ...
Daily price is on bullish market condition to be located above 200-day SMA/100-day SMA area for the ranging within Fibo support level at 1.3638 and 50.0% Fibo resistance level at 1.4160: "The Canadian Dollar has been a volatile currency across the board. Now, USD/CAD implied volatility over 1-month has reached the highest levels since November 2011. This expected volatility means uncertainty is high even with Oil breaking below the January 20 lows.""Now the focus turns to ...
Daily price is located below 200 period SMA and 100 period SMA for the primary bearish market condition: the price is ranging within Fibo support level at 1.4079 and 50.0% Fibo resistance level at 1.4659. Daily price is breaking 23.6% Fibo resistance at 1.4349 from below to above, and RSI indicator is estimating the ranging bearish condition in the near future. If the price will break Fibo support level at 1.4079 so the bearish trend will ...