Start of consolidation or pull back

FX:BUND   Euro-Bund
48 0 3
- Ichimoku setup turned more neutra: Price below Kijun, forward Kumo ahead shades price. Average lines flat.
- I expect 161,50 - 166,40 range to hold for this year
- Heikin-Ashi signal is swing bearish
- EWO             neutral
- MACD signal with Price below Kijun Sen confirms the market stopped trending higher and is moving in a sideaway range. Based on how far MACD signal line is above zero, and how thick Kumo we have below price, it will take a very long time before this market can reverse strategic bearish

- Ichimoku setup is bearish until price holds below 165,50
- Heikin-Ashi signal: start of consolidation / pull back.
- Bearish supports are: 164,50 and 165,40. Based on how strong risk off sentiment will be in coming days (weeks), we may see retest up to these levels.
- EWO             is bearish , but chance it makes a local bottom

Strategy: reduce shorts. If you think about swing long, you may try it in small, but in that case US10y             ($ZN) can be a better choice.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out