EUR/USD: euro entered inside Cloud

EUR/USD: euro entered inside Cloud

Technical levels: support – 1.2260; resistance – 1.2400.

Trade recommendations:

  1. Buy — 1.2400; SL — 1.2420; TP1 — 1.2260; TP2 — 1.2220

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with falling lines; the prices are entered inside a Cloud and may going to Senkou Span B’s support.

01-eurusdh4.png

eur

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GBP/USD: pound entered into channel Tenkan-Kijun

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.

gbp

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