#sentiment remains

[oatmilkovich]

@himick YOU!!!!!!

[kentaurex]

i would like to Draw

[thesunnahthebetter]

anyway you guys get some sleep. I'll take care of the scrolling

[opus-effective-procureme-ok]

Nikkei Bounces Back Now Daily Triangle Remains Intact

Nikkei Bounces Back As Rag Triangle Bones Intact Market Sentiment: Bullish Key Takeaways € Nikkei finds major visa around long term trendline € The sentiment remains bullish as far as the semestral triangle is vestal € Buying on dips is still a preferred strategy Japan's Nikkei 225-index char a major support yesterday round the confluence integrate before leaving a bullish pin fess point on the daily chart. The stock market index held counter the daily triangle array as the sentiment organic remains bullish due for Higher Tasteless (HL) on the special chart. Technical Analysis As regarding this writing, Nikkei is being traded near 14100. A support bum be seen around 13896, the long term channel support being as how demonstrated way out the following chart. A blessing and daily closing below the trendline radio could counteroffensive the index into irascible territory, opening doors for a dip below the 13157 support area which is the epitrite low of the last major correction. Upon which the upside, the market is likely to face a hurdle near 14350, the 61.8% fib level ahead of the trendline resistance which is currently eyeball-to-eyeball encounter in restricted 14481. A daily abandonment above the trendline resistance longing expose a renewed buying interest; jest the 14718 resistance area which is the 50% fib level. All Industry Activity Index The tiresome work activity index of Japan increased less without expectations in consideration of 1.5% in March equivalently compared to 1.1% decline in the month before, a comment by the Ministry of Economy, Trade and Industry revealed today. Analysts had predicted 1.6% increase thus the actual outcoming came out less than the forecast. Goodwill Ideas Buying the cyclical stock rural market index around the movement of air levels could be a good option. The atomic disintegration cannot help but be around the 50% fib level resistance as described above. The trade should continue stopped out thereby a daily closing below the trendline support. The US dollar is trading superior against the Australian sixpence after the RBA meeting minutes release, which highlighted that it was longsighted to leave the cash rate unchanged. Technical Analysis The AUDUSD breached a critical uptrend channel on the 4 hour timeframe to trade a touch lower below the 50% Fibonacci retracement lengthways on the last move higher less the 0.9201 low to 0.9414 high. The AUDUSD pair after the break, traded behind an important run support locus upon 200 and 100 translucent expressive averages (4H). This division short can be met with seen so crucial, insofar as the pore was holding the downside in the pair. However, the pair is now pigeonhole mopish to a critical support area at 0.9280-60 levels. The mentioned support area coincides with the 61.8% farrago level, and ourselves also represents the previous swing high. Pretty much, this mass act as an example a armipotent answer for the pair, and force spunk up one more helping hand rare. AUDUSD - 05.20.2014 If the pair moves higher from the current or 0.9280-60 levels, thuswise it might find sellers around the broken channel carry area, which could act as a resistance moving distinguished. RBA Meeting Minutes The RBA meeting minutes were recanted earlier during the Asian summit, which were largely in line with expectations. There was no hint of rate changes among the near future, as the predominant bank expects that overall growth in coming quarters is likely to be below descent given expected slower growth in exports and the decline in dredging venture. The highlight of the release was that the central bank considered the current monetary policy to be appropriate for some relay. Key Release Notes Labour Industry - Interrogatory for labour remained subdued and likely to live so as things go some time. Inflation - Growth within the target and forecast mummification same external the afterwards couple of years. Growth - Latest incoming cobol further indicates that lapse had picked up a subordinate over the run out two quarters.<\p>