AUD/USD: aussie entered into neutral area

AUD/USD: aussie entered into neutral area

Technical levels: support – 0.7910, 0.7830; resistance – 0.7990.

Trade recommendations:

  1. Buy — 0.7830; SL — 0.7810; TP1 — 0.7990; TP2 — 0.8030.
  2. Sell — 0.7920; SL — 0.7940; TP1 — 0.7830.

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud and may going lower to the support of Senkou Span B.




XAU/USD: bears got out

Recommendation: SELL $1266 SL $1281 TP1 $1237 TP2 $1212 On the daily chart, a break of XAU/USD below the lower border of a $1266-1288 consolidation range allowed bears to get out…


EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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