EUR/CHF looks ill
This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.
AUD/USD: bears in game
Technical levels: support – 0.7280, 0.7220; resistance – 0.7330
Trade recommendations:
- Sell — 0.7330; SL — 0.7350; TP1 — 0.7280; TP2 — 0.7220.
Reason: narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun; the prices returned inside a Cloud and may continue downtrend.
Tatyana Norkina
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EUR/CHF looks ill
This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.
EUR/USD is under pressure
After EUR/USD broke the 1.1180/1.1070 range to the downside, it has been trading within the short-term downtrend.
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