Forecasts & opinions
On the daily time frame, it could be noticed that the price seems to be out of the cloud and above of it. In addition to this, we may detect four clues of reversal. Precisely, the first clue seems to show the price entering inside the cloud. The second clue shows that the price broke the Tekan Sen and Kijun Sen, and it is below these two lines. The third clue might be considered as the Tekan Sen and Kijun Sen, from a crossover to the downside, seem to start forming a potential bear formation. The fourth clue might be indicated by the Chikou span, which seems to be inside the current price.
|remaining time till the new event being published|
- Germany: ZEW Indicator of Economic Sentiment rose sharply in March
- UK unemployment rate unexpectedly dropped to 3.9%
- UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
- Switzerland's trade surplus rose in February