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  1. EUR/USD Technical Analysis: Pattern Confirmation With Ranging On Reversal

    by , 01-05-2016 at 10:10 AM
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    • "The Euro may be carving out a top below the 1.11 figure against the US Dollar having rebounded as expectedafter last month’s ECB policy meeting. Prices appear to be carving out a bearish Head and Shoulders chart formation, although confirmation of the setup is still pending for now."
    • "A daily close below the 1.0777-1.0818 area marked by the May 27 low and the 23.6% Fibonacci expansion clears the way for a challengeof the 38.2% level at 1.0602.
    ...
  2. USD/CNH Technical Analysis: daily bullish breakout

    by , 01-01-2016 at 08:39 AM
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    • "The US Dollar may be carving out a top after rising to the highest level since January 2011 against the Chinese Yuan in offshore trade. The appearance of a Shooting Star candlestick coupled with negative RSI divergence points to ebbing upside momentum and hints that prices may be laying the groundwork for a downswing."
    • "A break below wedge support at 6.5369 confirmed on a daily closing basis sees the next major downside barrier at 6.4974, 38.2%
    ...
  3. NZD/USD Technical Analysis: daily bullish with flat; ascending triangle pattern for breakout in the near future

    by , 12-31-2015 at 11:01 AM
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    • "The New Zealand Dollar looks poised to challenge two-month highs against its US counterpart below the 0.69 figure having extended upward for a third consecutive day. Prices have also broken above trend line resistance capping gains since July 2014, hinting a larger reversal may be ahead."
    • "A daily close above the 0.6884-97 area marked by the 50% Fibonacci expansion and the October 15 high opens the door for a challenge of the 61.8% level at 0.6932.
    ...
  4. Yakutsk city with minus 40 degrees Celsius - child with ice cream

    by , 12-31-2015 at 01:24 AM
    Yakutsk.
    Minus 40 degrees Celsius.
    Child with ice cream.

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  5. Technical Price Action Analysis - NZD/USD: ranging within 100-day SMA and 200-day SMA area

    by , 12-23-2015 at 08:34 PM
    D1 price is on primary bearish market condition with the local uptrend as the bear market rally: price broke 100 day SMA from below to above and it is located to be between 100 day SMA and 200 day SMA for the ranging condition wiaitng for direction:

    • The price is trying to break 0.6835 resistance and 0.6896 resistance levels for the bullish reversal.
    • Key support level for the bearish trend to be continuing without raning is 0.6463 level.
    • RSI indicator is estomating the local
    ...
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