tonio's Blog

Avatar

Weekly

GBP-JPY weekly it has been in a nice harmonic up trend since nov/2012, simple moving averages(30/50.100) lookin more like trend lines, very smooth and all pointing to the up side
the 30 SMA as been a good strong support
however looking at the daily (top)chart the MACD has crossed, histogram show negative.it could be the beginning of down trend or just a deep retrace to 167.00,,or the 50 day SMA on the weekly chart
Read full story
Translate to Inglese Show original
VikaChechenkova avatar

молодец!!!

oper inserire commenti
Avatar

CHF/JPYpreparing for retrace?

CHF/JPY has been in a nice up trend for quite a while as all the other JPY cross,histogram show's weakness and divergence in the MACD,maybe pair is loosing buyer's, low volume,when weak a correction is in place to look for buyer's down below,@107.500, by sept first
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

SMA CROSS OVER

SMA has crossed over 30/ 50 the 100 SMA has crossed as well the 200 SMA just about to crossEUR-USD H&S spotted on the daily chart price may drop to strong support 1@134.00,if this fails next stop support 2,@ 132.00, S3@129.00
Read full story
Translate to Inglese Show original
oper inserire commenti