EUR/USD: the Bears returned in a game

EUR/USD: the Bears returned in a game

Technical levels: support – 1.1390; resistance – 1.1480.

Trade recommendations:

  1. Sell — 1.1480; SL — 1.1500; TP1 — 1.1390; TP2 — 1.1350;

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the market is in negative mood but oversold now.

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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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