On weekly chart price met resistance above 89 and MACD formed divergence at the same time. Later price fall bellow 84 and then 80 On daily chart we can see that MACD shows divergence. ADX trying to rise. We may see price advancing soon. CONCLUSION: MACD divergence and rising adx may be sign of retracement. We may see price around 82.6 till 1st October.
Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.
On weekly chart we can see that price advanced to 50% fibo level and then fall to 23% fibo by breaking uptrendline and 38% fibo. Price again is moving towards 38% fibo. On daily chart we can see that price broke 38% fibo but could not stay above. It fall to 23% fibo and 55 ema with 34 ema. MACD rose above 0 line after divergence with the price. ADX is bellow 25. Conclusion: Price should fall close to uptrendline as in the chart. Then it shoud rise. I expect it to be around 84.00 till July
Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.
Weekly chart: FIBO( 16Nov20114-19Jun2016) Price retraced from 50% and checked it again lately. Bolliners: Price moved above central band pushing upper band lately. RS: Is above 50 level. it shows divergence with price chart. and declining. Daily chart Bollingers: Price moved mostly above central band several times trying to break bellow. RSI: Is above 50 but shows decline. CONCLUSION: I expect price to break latest trend and drop to 38% fibo level. till 1st may. Price should be around 86.00
Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.