The bears don't give a time to the Bulls to recover. Most of the things, franc managed to take from yen's hands, had to be repaid. Even now, the bears have a good mind to bring the franc down. MACD shows a strong divergence. The oscillator Force Index is already below the zero line. If the level of support is broken, you should follow recommendations below: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position 125,53 Take Profit Level: 120,00 Stop Loss Level: 127,19 If the price rebound from...
For a long time USD wasn't able to grow to Yen, all the attempts were blocked. Even now while visible growth, the Bears took the initiative and ready to reverse the trend. Push will be enough to go down. MACD shows a strong divergence. The oscillator Force Index in the neutral position. If the level of support is broken, you should follow recommendations below: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position 118,32 Take Profit Level: 115,53 Stop Loss Level: 118,97 If the price rebound...
After the great decline, the dollar took away most of the lost positions and it doesn’t seem to stop. Currently some consolidation is observed, an upside breakout is still possible. The price is above the moving average 20 MA, indicating an upward trend. Average MACD came out of the histogram. The oscillator Force Index shows correction, but over the 0-th level. If the level of resistance is broken, you shall follow recommendations below: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position 0,...
After the price went down 3000 pips the Bears still not giving a chance to Bulls. If the Bears still coming, they will bite another peace of cake and reach level 1188. The price is below the moving average 20 MA and 200 MA, indicating the downward trend. MACD histogram is close to the zero line, the middle of it left. The oscillator Force Index is in correction, but under the 0-th level. If the level of support is broken, you shall follow recommendations below: Timeframe: D1 Recommendation: Short Position Entry Level: Short...
In previous recommendations, we were in a short position and has successfully increased its goal to 0,7500 but it seems that the bears are not going to stop. We will join them if they overcome the level 0,7400. The price is below the moving average 20 MA and 200 MA, indicating the downward trend. MACD is already below the zero line and shows the continuation of the downward movement. The oscillator Force Index is in correction, but under the 0-th level. If the level of support is broken, you should follow recommendations below:...