NZD/JPY formed an inside bar candlestick pattern at the mid band of the bollinger band and there's another bullish pin bar candlestick pattern after the breakout of the inside bar candlestick pattern which shows more buyers are coming in. Note that the stochastic indicator was showing oversold at the time the price formed the inside bar candlestick pattern which...
London Session Watch USDCAD There are multiple pin bar candlestick patterns rejecting the mid band of the bollinger band on USD/CAD which could potentially offer buying opportunities in today's London session. The long term trend is still bullish as the short term moving averages (10 and 20 period) are still above the long term moving averages (50,100 and 200...
1 Month chart: Cannabis Science Inc has a basic pattern set behind it so using the gann fann and elliott waves with the fib retractement equation set in mind with it we can see a lot of tight bounces from 0.07 - 0.12 but retracing back down to 0.065. hoping to see a bounce in this under valued market to push through again. keeping in mind our volume is looking...
1D Chart: Cannabis Science INC is currently sitting at a floor low of $0.07 usd. should see a price correction to about 0.10-0.15 in the next few days.
USD/CAD is in a trading range over the short term horizon while the longer term trend is still up as the 200 period moving average has not been breached. The current support level is at 1.0880 and resistance at 1.0983. The price action performed a false break at the top of the 1.0983 resistance level yesterday which led to a big downside move. The price has broken...
EURAUD: 1.4630. The cross has bounced well off last week’s 1.4563 low and the bullish divergence on the daily charts suggests now that we could have a bit more upside progress ahead of us, possibly reaching the 200 DMA/Descending trend resistance at 1.4865, although this seems a bit of a stretch at this point. Interim resistance levels will be seen at around...