GPB / USD: lower trend is not ruled out

Catégorie [ £ / $ ]

   Long term: lower?

On a yearly basis, Bollinger bands are down. Our technical analysis management tools will continue to decline. MY will act as a resistance for two periods or more.

On a quarterly basis, a PEI could develop with our technical analysis management tools. LQ is our main support.

On a monthly basis, the UM / LM spread could be a reference one. A bullish no-crossover is the status for our stochastic. As long as PM proves to be a resistance, LM could be a target.

Idea: towards UM if PM fails as a resistance

Bet: PM as a PEI.

R = PM (1.631), UM (1.6859)    S= LM (1.4722)

 

Medium term: without trendOn a weekly basis, UW / LW spread is minimal. A NEI is in progress with our technical analysis management tools. MW is a strong resistance and LW is our main support.

Idea: towards LW

Bet: nothing to do.

R = MW (1.5759);     S = LW (1.5354)

  

Short term: technical recoverylrt term: no trend965Y (1.4243amilliales) enance personnelle.tellis

On a daily basis, Bollinger bands spread is wide. A NEI is in progress with our technical analysis management tools. As long as MD acts as a resistance, LD could be our first support. 

Idea: a bearish no-crossover could develop with our moving averages.

Bet: not higher than MD.

R = MD (1.5819);   S = LD (1.5457).

 

Conclusion:  as long as MD = resistance, LW is our first support.