Recommendation: BUY 1…
GBP/USD: Bulls entered into Cloud
Technical levels: support – 1.2750, 1.2660; resistance – 1.2805, 1.2840.
- Buy — 1.2780; SL — 1.2760; TP1 — 1.2840; TP2 — 1.2900.
- Sell — 1.2750; SL — 1.2770; TP1 — 1.2660; TP2 — 1.2610.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud and the Bulls will going to the upper bound of the Cloud.
Recommendation: SELL $1271 SL $1286 TP1 $1237 TP2 $1212 On the daily chart, bulls are clinging to an important level of $1281 an ounce…
Bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are growing up to Senkou Span A, but there is a strong resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.