GBP/USD: pound can’t breakout SSB’s resistance
Irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun.
NZD/USD: will kiwi catch the wave
Recommendation:
BUY 0.709
SL 0.7035
TP 0.7235
On the daily chart, bears managed to lead the pair to the lower border of the long-term uptrend. A successful test of diagonal support will increase the possibility of a break in an uptrend and formation of the “Crab” pattern.
On H1, the return of the pair to the top of the previous short-term consolidation will create grounds for the reversal “Wolfe waves” pattern.
Ivan Karamazov
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EUR/USD: consolidation inside Tenkan-Kijun’s channel
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
GBP/USD: the British pound is getting stronger
On the daily chart of GBP/USD, bulls could return the pair to the upper border of the downward channel.
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