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.
GBP/USD is aiming for new highs
Recommendation:
BUY 1.3275
SL 1.3220
TP1 1.3375 TP2 1.355 TP3 1.3785
On the daily chart, GBP/USD pulled back after 88.6% target of the “Bat”. Bulls managed to defend 1.3050-1.3065 and play the Inside bar. The odds of AB=CD pattern and its 200% target increased.
On H1, GBP/USD rose from the upper border of the downtrend channel and support at 1.3085. This means that bulls are still having the initiative. They aim to continue the rally towards 161.8% of the “Crab”.
Ivan Karamazov
Similar
AUD/USD is looking down
AUD/USD that has settled below the 100-day MA in the 0.6840 area. Learn more!
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.
AUD/USD is looking down
AUD/USD that has settled below the 100-day MA in the 0.6840 area. Learn more!
Stock market: the earnings of Cisco, Nvidia, and Walmart
The earnings season in the United States is still on. This means that stocks of the largest American companies will likely make big moves.
Deposit with your local payment systems
