The Aussie is showing another weakness, again in a price range around 1.0500. It seems like Bears are going to push it down. The price is below the moving average 20 MA and 200 MA, indicating the downward trend. MACD histogram is below the zero line. The oscillator Force Index crossed the zero line down. In case of break through of the support level the following recommendations are: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position 1,0497 Take Profit Level: 1,0342 Stop Loss...
For the past days the price stays in the price range and so far no leader. The previous day showed us the situation can be changed .We are preparing for a break through level 180.50 and join the bulls. The price is above the moving average 20 MA and 200 MA, which indicates an upward trend. The average in the MACD went from the histogram, but still below the zero line. The oscillator Force Index crossed the zero line upwards. In case of break through of the resistance level the following recommendations are: Timeframe: D1...
The price is above the moving average MA 20, which indicates the uptrend. The average in the MACD histogram came out, although still below the zero line. Oscillator Force Index crossed the zero level for a second time. Should price action for the GBPUSD breakout above 1,5273 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position 1,5274 Take Profit Level: 1,5542 Stop Loss Level: 1,5196 Should price action for the GBPUSD breakdown below 1,5273 the following...
The USD showed very strong growth against the CAD within a few days, but over the last two days the bears performed very strong and recovered part of the lost positions. Most likely the global trend will not change, but the correction can be calculated. The average in the MACD histogram came out above the zero line while the Oscillator Force Index is preparing to cross the zero level. Should price action for the USDCAD breakdown below 1.2339 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position...
NZD can do nothing to defend themselves against the JPY, its all attempts to recover failed. Apparently, the failure rates on the level of 83.3 still happens. In the breakdown of the level of support we join the bears. The price is below the moving average 200 MA and 20 MA, indicating a lowering trend. MACD is strongly below the zero line. The oscillator Force Index in correction, but below the zero level. Should price action for the NZDJPY breakdown below 83.3 the following trade set-up is recommended: Timeframe: D1...
