EUR/USD: euro supported by Kijun-sen

EUR/USD: euro supported by Kijun-sen

Technical levels: support – 1.2380; resistance – 1.2450, 1.2520.

Trade recommendations:

  1. Buy — 1.2400; SL — 1.2380; TP1 — 1.2450; TP2 — 1.2520

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; the prices are corrected to Kijun-sen and on the support of the line.

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eur

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XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

EUR/CHF looks ill

This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

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