Daily price is on primary bearish market condition with the local uptrend as the secondary bear market rally: the price is breaking Senkou Span line (which is the virtual border between the ranging bearish and the primary bullish trend on the daily chart) for the bullish reversal to be started. The symmetric triangle pattern was crossed to above for the possible breakout, and Absolute Strength indicator is estimating the ranging condition to be continuing. ...
Daily price was crossed 200-day SMA/100-day SNA area for the bullish reversal with Fibo support at 0.6773 as the next target for the bullish trend to be continuing: "The New Zealand Dollar is attempting to renew upside momentum against its US namesake as prices broke upward to the highest level in nearly two months. The currency mounted a swift advance following an unexpectedly strong set of trade figures.""Near-term resistance is at 0.6746, the 50% Fibonacci expansion, ...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition with secondary ranging within Fibo resistance level at 15.90 and Fibo support level at 13.64. Symmetric triangle pattern was formed by the price to be crossed for direction, and RSI indicator is estimating the secondary bear market rally to be started within the primary bullish market condition. If the price will break Fibo support ...
Daily price is on bear market rally" The price is located below Ichimoku cloud for the primary bearish market condition with the secondary rally. Price is breaking 5890 resistance to above for the rally to be continuing with the Chinkou Span line crossing the price from below to above for the good breakout to be started with the possible daily bullish reversal. "The FTSE 100 has now reached the February 4 high of 5945, which also was ...
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 ...