AUD/USD: aussie may return to Cloud

AUD/USD: aussie may return to Cloud

Technical levels: support – 0.7800; resistance – 0.7880, 0.7900.

Trade recommendations:

  1. Buy — 0.7820; SL — 0.7800; TP1 — 0.7880; TP2 — 0.7900.

Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are on the strong support on the daily timeframe.




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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