EUR/USD: bulls feels confident

EUR/USD: bulls feels confident

Technical levels: support – 1.0890; resistance – 1.0940, 1.0980.

Trade recommendations:

  1. Buy — 1.0890; SL — 1.0870; TP1 — 1.0940; TP2 – 1.0980.

Reason: narrow bullish Ichimoku Cloud,  but rising Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; expected a new golden cross; the prices are resistance of Senkou Span A.

01-eurusdh4.png

eur

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GBP/USD: strong bullish offensive

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; a market reached new highs over 1.4000.

gbp

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Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

USD/JPY: bullish "Doji"

We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .

jpy

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