AUD/USD: aussie in consolidation under Cloud

AUD/USD: aussie in consolidation under Cloud

Technical levels: support – 0.7640; resistance – 0.7690

Trade recommendations:

  1. Buy — 0.7700; SL — 0.7680; TP1 — 0.7760.
  2. Sell — 0.7670; SL — 0.7690; TP1 — 0.7590; TP2 — 0.7540.

Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices returned to bottom border of the Cloud and may enter into cloudy area.

03-audusdh4.png

aud

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EUR/USD: euro wants to surf

On H1 of EUR/USD, bulls want to trigger “Wolfe waves” pattern with a target at the line 1-4. At the same time, if the pair doesn’t leave the downtrend channel, their plans will fail.  

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

jpy

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