Daily Market Analysis

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun; the market in a positive area, on the strong support of Tenkan, Kijun and Senkou Span A.

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the resistance of Senkou Span B and exit to the positive area.

Recommendation: SELL 0…

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the prices are supported by Senkou Span B.

Narrowing bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel of Tenkan-Kijun; the market is under strong resistance of 0.7680.

Recommendation: BUY 1…

Recommendation: SELL $1267 SL $1282 TP1 $1237 TP2 $1212 On the daily chart, XAU/USD is retesting the lower border of the previous consolidation range of $1264-1298 an ounce…

Recommendation: BUY 0…

Recommendation: BUY 0…

Narrowing bullish Ichimoku Cloud with rising Senkou Span B; a new weak dead cross of Tenkan-sen and Kijun-sen; the market is on the strong support of Senkou Span B.

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned into negative area, but the Bears can’t maintain the downtrend.

Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of 0.7680.