EUR/USD: euro returned to Senkou Span A

EUR/USD: euro returned to Senkou Span A

Technical levels: support – 1.1770, 1.1730; resistance – 1.1825.

Trade recommendations:

  1. Buy — 1.1730; SL — 1.1710; TP1 — 1.1800; TP2 – 1.1825

Reason: bearish Ichimoku Cloud wit falling Senkou Span A; a new weak dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are breakdown the Kijun’s support and going to bottom border of a Cloud.




XAU/USD: bears got out

Recommendation: SELL $1266 SL $1281 TP1 $1237 TP2 $1212 On the daily chart, a break of XAU/USD below the lower border of a $1266-1288 consolidation range allowed bears to get out…


EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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