1. Hello Guest Click here to check FX Binary Point Financial Directory

Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Strong bearish signal was generated by yesterday's long red daily candle. Weakness cracked daily Ichimoku cloud base at 1.1142 and hit fresh low at 1.1131. Near-term action is in narrow consolidation mode under initial barrier at 1.1162 (daily 100SMA). Focus is at 1.1123 (Fibo 61.8% of 1.0820/1.1614 rally) and 1.1101[​IMG]

    Continue reading...

Share This Page