The stock of Cisco formed a doji “shooting star” candlestick on the weekly chart.
EUR/USD: back to Cloud’s support
Technical levels: support – 1.2340/50; resistance – 1.2440.
- Buy — 1.2360; SL — 1.2340; TP1 — 1.2440; TP2 — 1.2470;
- Sell — 1.2330; SL — 1.2350; TP1 — 1.2270; TP2 — 1.2240;
Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new irregular dead cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market had returned to Cloud’s support.
On D1, the pair formed a bearish “shooting star” candlestick ahead of the resistance line from December high.
Facebook rose on a positive earnings report. Will the stok manage to sustain the upside?
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…