EUR/USD: euro may enter into Cloud

EUR/USD: euro may enter into Cloud

Technical levels: support – 1.1780; resistance – 1.1820.

Trade recommendations:

  1. Buy — 1.1830; SL — 1.1810; TP1 — 1.1900; TP2 – 1.1930.
  2. Sell — 1.1800; SL — 1.1820; TP1 — 1.1710; TP2 – 1.1650.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market supported by the Cloud, but  the correction may continue to Senkou Span B

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eur

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GBP/USD: pound supported by Tenkan-sen

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are supported on Tenkan-sen and will continue the uptrend.

EUR/USD: euro looking for continue uptrend

Bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and returned to upper border of the Cloud.

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