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  1. SP500: ranging within bearish continuing support and bullish reversal resistance

    by , 02-05-2016 at 01:42 AM
    Daily price is on primary bearish market with the ranging within 1946.97 resistance and 1872.53 support:

    • The reversal key support/resistance levels for the price is 1118.56 bearish continuing support level and 2051.19 bullish reversal resistance level.
    • "So the market’s most bullish facet, Fed support, is missing at a time when these other very threatening issues are developing. But perhaps more to the point, this may be the Fed’s intention. Ms. Yellen mentioned in December
    ...
  2. Quick Technical Overview - FTSE 100: bearish ranging near below 100/200 day SMA area

    by , 02-04-2016 at 02:14 AM
    Daily price is located below 100 day SMA/200 day SMA area for the bearish market condition: the price is ranging within 5541 support level and 6072 resistance level, and RSI indicator is estimating the ranging bearish condition to be continuing.

    • If the price will break 6072 resistance level so the bullish reversal will be started.
    • If price will break 5541 support so the bearish trend will be continuing.
    • If not so the price will be ranging within the levels.

    ...
  3. GBP/JPY Technical Analysis: rally to bullish reversal

    by , 02-02-2016 at 11:52 AM
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    • "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
    ...
  4. USD/JPY Pivot Points Analysis - ranging near Central Yearly Pivot

    by , 01-31-2016 at 06:39 AM
    USD/JPY W1

    "Last week’s reversal materialized from the neckline of that pattern. This week’s follow through has resulted in a test of the 55 week average. The 2015 high was right at the 1990-1998 line (log scale), so a broader topping formation is still possible." The price is ranging around Central Yearly Pivot at 120.63 waiting for the following direction and targets:

    • R1 Pivot level at 125.41 for the bullish scenario, or
    • S1 Pivot level at 115.41 for the bearish
    ...
  5. GOLD: End Of Week Technicals - Ranging Bullish After Breakout

    by , 01-29-2016 at 10:18 AM
    H4 price was on the primary bullish market condition with the secondary breakout: intra-day price broke resistance levels and it was stopped by 1128.05 key resistance on the way to the bullish breakout to be continuing. The price is started to be ranging within 1128.05 resistance and 1108.31 in the primary bullish area of the chart. Chinkou Span line of Ichimoku indicator is located to be above the price for the ranging bullish condition by direction, and Absolute Strength indicator is estimating ...
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