What should we expect from gold in 2018? The question is quite complicated…
Daily Market Analysis
The pair is likely going to test the lower "Window" and the 89 MA in the short term...
We should keep an eye on the closest support area as an intraday target...
The main intraday target is the next support at 1.1884 - 1.1875. If a pullback from this area happens little later on...
Recommendation: BUY 112…
Recommendation: SELL 133…
Bullish Ichimoku Cloud with horizontal Senkou Span A and rising Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen and horizontal lines; the market is under strong resistance of 0.7900.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market entered into cloudy area and will test the support of Senkou Span B.
CAD/JPY reversed from resistance zone Next sell target - 87…
GBP/JPY reversed from resistance zone Next sell target - 149…
Recommendations: BUY 1…
Bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices returned into a negative area under the Cloud