Daily price is located above Ichimoku cloud in the bullish area of the chart: the price is on ranging within the following key support/resistance levels: 1.1283 resistance located above Ichimoku cloud in the bullish trend to be resumed, and1.1122 support level located below Ichimoku cloud in the beginning of the bearish trend to be started. Descending triangle pattern was formed by the price to be crossed to below for the possible bearish reversal, Absolute Strength indicator ...
Daily price was bounced from 14.7479 resistance to below for 13.9516 support level as a target: The price is located below 100 SMA/200 SMA in the bearish area of the chart within the following support/resistance levels: 15.1978 resistance level located near and above 200 SMA in the beginning of the daily bullish trend to be started, and13.1963 support level located far below 100 SMA/200 SMA in the beginning of the bearish trend to be resumed. ...
Daily price is on local uptrend as the secondary market rally: the price is testing Ichimoku cloud levels for the possible reversal to the ranging bullish market condition. Chinkou Span line is crossing the price to above on open daily bar for the possible bullish reversal by breakout, and Absolute Strange indicator is evaluating the bullish trend to be started in the near future. If D1 price will break 154.70 support level on close bar so the bearish trend will be ...
"With Japan having recently moved into ‘negative rates’ territory combined with the growing sentiment around an increased possibility of a Brexit, and with a Bank of England meeting on the docket for this Thursday, the potential for heightened volatility remains. And in GBP/JPY, that means any trader taking a position should take notice.""In the near-term, the top-side momentum is notable. We’ve basically seen 500 pips of run since Thursday’s ...
Daily price is located below SMA with period 100 (100 SMA) and below SMA with the period 200 (200 SMA): the price was bounced from 78.94 support level for the secondary bear market rally to be started. If the price will break 92.77 resistance level so the reversal of the price movement from the primary bearish to the primary bullisgh market condition will be started.If price will break 78.94 support so the bearish trend will be continuing.If not so the price will be ranging ...