USD/JPY: the Bears have won
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines
AUD/USD: aussie corrected to Kijun-sen
Technical levels: support – 0.7500; resistance – 0.7550.
Trade recommendations:
1. Sell — 0.7550; SL — 0.7570; TP1 — 0.7500; TP2 — 0.7470.
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are in channel Tenkan-Kijun under a strong resistance of Kijun-sen and Senkou Span A.
Tatyana Norkina
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AUD/USD: aussie in positive zone
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen
USD/JPY: bears left their lair
On the daily chart of USD/JPY, after the pair reached 113% target of the “Shark” there was a natural pullback.
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AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
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