The Daily trend is in a Downtrend technically indicated by following: • Price is currently trading BELOW the Uptrend-line. The downtrend is confirmed from the MAs. Bearish cross observed- MA10 cross under MA20. RSI: • RSI is BELOW the equilibrium level- 50. Bearish Momentum. At the price chart, we are focused on a developing of “Double top reversal pattern”. As...
The Daily trend is in a Downtrend technically indicated by following: • Price is currently trading BELOW the downtrend trend-line. The downtrend is confirmed from the MAs. Bearish cross observed- MA 10 cross under MA20. RSI: • RSI is BELOW the equilibrium level- 50. Bearish Momentum. • Bullish Divergence: New price bottoms are getting lower as a certain RSI...
The Daily trend is in a Downtrend technically indicated by following: • Price is currently trading BELOW the downtrend trend-line. The downtrend is confirmed from the MAs Bearish cross observed- MA 10 cross under MA20. RSI: • RSI is BELOW the equilibrium level- 50. Bearish Momentum. Bearish Scenario: With a break (daily close) below the support S1, we will...
The Daily trend is in an Uptrend technically indicated by following: • Price is currently trading above the uptrend trend-line. • Higher tops and higher bottoms. RSI: • RSI is ABOVE the equilibrium level - 50 BUT with a bearish divergence. Bearish Scenario: With a break (daily close) below the support level S1 at 101.47, we will recommend SHORT POSITIONS for the...
The Daily trend is in a Downtrend technically indicated by following: • Price is currently trading BELOW the uptrend trend-line. The downtrend is confirmed from the MAs. Bearish cross observed- MA 10 cross under MA20. RSI: • RSI is BELOW the equilibrium level- 50. Bearish Momentum. Generally, Gold is back to the level of June 2016, broke below the important...
Crude Oil price formed a large daily candlestick regarding to the session on Monday 06/06/2016, but still failed to break above the short-term resistance level at $50/bl. Taking under consideration the above we expect, after a daily close above the $50, a move until the area of 51-51.65. The short-term trend according to the daily time frame is in an Uptrend...
Crude Oil price formed a large daily candlestick regarding to the session on Monday 06/06/2016, but still failed to break above the short-term resistance level at $50/bl. Taking under consideration the above we expect, after a daily close above the $50, a move until the area of 51-51.65. The short-term trend according to the daily time frame is in an Uptrend...
The short term trend is in an Uptrend technically indicated by following: • Break above the downtrend trend-line - Price is currently trading above the downtrend line, buy signal. • Bullish Cross of MA10 above the MA20, buy signal. • RSI > 50, bullish momentum. Prices are trading above the support level at 1.3000. Therefore, we will recommend LONG POSITIONS for...
The short term trend is in an Uptrend technically indicated by following: • Dow pattern- higher tops and higher bottoms • RSI > 50 , Bullish Momentum (RSI overbought = 70: probably correction move) The uptrend is confirmed by the bullish cross of MA10 above MA20. Prices are trading above the support level at 92.00 and below the 61.8% Fib retracement...
The EUR/GBP breaks 3 months trend line, hints downtrend - Short position. EUR/GBP moved lower, breaking the rising trend line support set from November 2015. The short term trend is in a downtrend technically indicated by following: • Price is currently trading below the valid downtrend line • RSI- Negative Divergence, Bearish momentum • Bearish candlestick...
Prices are dropping since 22/02/2014, so the long-term trend is downtrend. The daily trend is in a downtrend technically indicated by following: • Dow pattern- lower tops and lower bottoms, (T1-B1-T2-B2). • Price is currently trading below the valid downtrend line. • Bearish Cross MA10 Under MA20 • RSI < 50 • MACD < 0 Prices are trading below the resistance level...
The daily trend is in a downtrend technically indicated by following: • Dow-pattern- lower tops and lower bottoms, (T1-B1-T2-B2). • Price is currently trading below downtrend trend-line. • Bearish Cross MA10 under MA20 • RSI is below 50 • MACD < 0 The Australian Dollar is trading lower having tested trend line resistance to expose lower since mid-October against...
Prices dropping for third consecutive day, close in three months low (1.0800). • Dow-pattern- higher tops and higher bottoms, (B1-T1-B2-T2). • Price is currently trading below the valid uptrend line. (sell signal) • Bearish Cross MA10 Under MA20 RSI: Momentum oscillator become oversold and remain so in a strong down trend. RSI moved from overbought to oversold in...
The long term is in a downtrend but… The Daily trend is in an uptrend technically indicated by the following: • "dow" pattern – higher bottoms and higher tops ( B1-T1-B2-T2 ) • prices is currently trading above the downtrend line The uptrend is confirmed from the MAs. Bullish cross observed – MA10 cross under MA20. RSI: • RSI is ABOVE the equilibrium level- 50. ...
The Daily trend is in a Downtrend technically indicated by following: • Dow pattern- lower tops and lower bottoms (T1-B1-T2-B2). • Price is currently trading BELOW the downtrend line. Prices are trading below the resistance level (R1), 61.8% Fibo & SMA 200. RSI: • RSI is just above the equilibrium level 50. No divergence. We should take under consideration that...
The Daily trend is in a Downtrend technically indicated by following: • Dow pattern- lower tops and lower bottoms (T1-B1-T2-B2). • Price is currently trading BELOW the downtrend line. Prices are trading above the support level at 1930.0. RSI: • RSI is below the equilibrium level 50. Bearish momentum. We should take under consideration that prices are below the...
The Daily trend is in a Downtrend technically indicated by following: • Dow pattern- lower tops and lower bottoms (T1-B1-T2-B2). • Price is currently trading BELOW the downtrend line. The downtrend is confirmed from the MAs. Bearish cross observed- MA 10 cross under MA20. Generally, the main long-term trend has favoured the downside. Therefore, we will...
The Daily trend is in a Downtrend technically indicated by following: • Dow pattern- lower tops and lower bottoms (T1-B1-T2-B2). • Price is currently trading BELOW the downtrend line. The downtrend is confirmed from the MAs. Bearish cross observed- MA 10 cross under MA20. RSI: • RSI is JUST BELOW the equilibrium level- 50. Bearish Momentum. Generally, the main...