Panoramica

Weekly price is secondary correction to the primary bearish breakdown: the price is testing the upper border of Ichimoku cloud to below. Chinkou Span of Ichimoku indicator which is crossing the historical price for the good breakdown. Besides, the Stochastic oscillator is indicating the downtrend to be continuing. If the price breaks support level at 127,48 to below so the primary weekly bearish reversal will be started with the next support level at 103.63. If the price is bounced from support levels to above so we may see the bear market rally with 143.27 and 169.48 targets to re-enter. Alternatively, the price will be on ranging within the levels waiting for direction. Trading Summary: waiting for direction - watch for the weekly bearish reversal or for the secondary rally to be started.

Weekly price broke Ichimoku cloud and it is located in the bearish area of the chart for now: Chinkou Span line of Ichimoku indicator broke historical price to below for the good weekly breakdown. But the Stochastic oscillator is showing the oversold market condition indicating the possible bear market rally in the future. Price is testing the support level at 3618 to below for the primary bearish trend to be continuing. Alternatively, the price may be bounced from support to above for the bear market rally to be started with the secondary ranging condition. Trading Summary: bearish breakdown; waiting for the bearish trend to be continuing or for the ranging with bear market rally to be started; possible bullish reversal in the long-term.

Weekly price is located below Ichimoku cloud in the bearish area of the chart. The price is on ranging within 0.7603/0.8040 support resistance channel for direction of the breakout with the bullish reversal or for the bearish trend to be continuing. Stochastic Oscillator is showing the oversold market condition so the breakour or at least the bear market rally is very likely in the near future for example. If the price breaks 0.8040 resistance to above so the primary bullish reversal will be started with 0.8249 target to re-enter. If the price crosses the support level at 0.7603 to below so primary weekly bearish trend will be continuing. Trading Summary: waiting for direction of the strong trend to be started.

Daily price was bounced from resistance level at 1.3712 to below for the secondary correction within the primary bullish trend to be started. The price is testing descending triangle pattern with 1.3433 support ot below for the support level at 1.3343 as the next possible target for the primary bearish reversal. Alternatively, the price will be on secondary ranging near and above Ichimoku cloud waiting for direction of the strong trend to be started. Trading Summary: correction to the possible bearish reversal.

The weekly price is located above Ichimoku cloud in the bullish area of the chart. The price is on ranging within 24161/26288 support/resistance channel. If the price breaks 26288 resistance to above so the primary bullish trend will be continuing. If the price crosses 24161 support to below so the secondary correction will be started with 21250 support as good target to re-enter for the possible bearish reversal for example. Recommendation: watch Chikou Span like for possible bearish breakdown; otherwise - ranging

Chinkou Span line broke historical price to above on close weekly bar for the good bullish breakout. The price crosses Ichimoku cloud to be located in the bullish area of the chart. If the price breaks resistance at 0.6120 so the primary bullish trend will be continuing; if the price crosses 0.5927 support level to below for 0.5710 as the possible target to re-enter so the primary bearish reversal will be started; alternatively, the price will be ranging waiting for direction.

Chinkou Spam line of Ichimoku indicator broke the historical price to below for breakdown: the price is located inside Ichimoku cloud with the support level testing at 78.27 to below for the primary bearish reversal to be started. Alternatively, if the price crosses 101.94 resistance level so above so the primary bullush trend ill be continuing. Trading Summary: ranging for direction

Weekly price is located above Ichimoku cloud in the bullish area of he chart. The price is on ranging within 251.21/285.91 support/resistance channel waiting or direction. - If the price breaks support level at 251.21 to below so the primary bearish reversal will be started. - If the price crosses 285.91 resistance so the primary bullish trend will be continuing. Trading Summary: ranging, waiting for direction

Weekly price is located inside Ichimoku cloud for the ranging within 594.8/686.6 s/r channel waiting for direction. If the price breaks resistance at 686.6 to above so the primary bullish trend will be continuing with 797.1 as a next possible target. If the price breaks support level at 594.8 to below so the primary bearish reversal will be started with 570.6 possible target to re-enter. Recommendation: ranging, waiting for direction

Weekly price is above Ichimoku cloud in the bullish area of the chart. The price was bounced from 498.6 resistance level to below for ranging within 393.6/498.6 s/r levels. If the price breaks resistance at 498.6 so the strong bullish trend will be continuing. If the price crosses the support level at 393.6 so the secondary correction to the bearish reversal will be started with 297.6 as a possible target. Recommendation: ranging for direction

The weekly price s above Ichimoku cloud in the bullish area of the chart. The Chinkou Span of Ichimoku indicator broke historical price to above for the good bullish breakout, but Stochastic indicator is showing the overbought condition for the price. For now, the price is on ranging within 194.2/267.6 s/r channel waiting for direction of the strong bullish trend to be continuing or to the secondary correction to the bearish reversal to be started with 149.1 as the next target. Recommendation: bullish ranging; watch the levels