On 4-hour chart, LiteCoin is correcting up from the midline of the Bollinger Bands (210.93).
The main target of the correction is the level of 226.56 (Murray [5/8]), which also corresponds to the upper line of Bollinger Bands. There is a high chance of a downward rebound from level 226.56.
The breakout will let the price to grow to the area of 234.37 (Murray [6/8]), 242.18 (Murray [7/8]).
Continue reading LTCUSD: technical analysis 27.02.2018
On 4-hour chart, technical indicators reflect the relative calmness of the markets and sideways movement of the price.
Bollinger Bands and Stochastic’s lines are pointed sideways.
MACD volumes are in the negative zone and are moving along the zero line.
Continue reading AUD/USD: technical analysis 27.02.2018
The instrument is now testing the level of 1125.00 (Murray [2/8]), which coincided with the lower line of Bollinger Bands. The downward trend maintains, which the technical indicators confirm. Bollinger Bands are diverging, reflecting the active development of the current trend. MACD volumes are growing in negative zone. Stochastic’s lines are pointed downwards.
Continue reading BitCoin Cash: Technical analysis 26.02.2018
USD/JPY is moderately falling due to low trading activity and relative calm information field.
On the 4-hour chart, the price has tested the support level of 106.25 (Murray [0/8]) and was slightly corrected upwards, but the downward trend maintains.
Continue reading USD/JPY: Technical analysis 26.02.2018
At the current time, the Ethereum price is in the upward correction.
The first target of the correction is the level of 860.00, which corresponds to the middle line of Bollinger Bands. If the price consolidated above this level, it can grow to the next resistance levels of 875.00 (Murray [4/8]), 906.25 (Murray [5/8]). Otherwise, downward trend will develop further after the price is set below the level of 812.50 (Murrey [2/8]). In this case, the further fall to the area of the level 781.25 (Murray [1/8]) is possible.
Continue reading Ethereum: technical analysis 23.02.2018
On 4-hours chart GBP/USD rate trying to consolidate above the level 1.3977 (Murrey [5/8]). Technical indicators are giving multidirectional signals. Bollinger Bands are slightly leaned downwards. MACD volumes are decreasing in the negative zone. Stochastic is pointed downwards.
Continue reading GBP / USD: technical analysis 23.02.2018