Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-se with rising Tenkan-sen; the market is on the support of the daily Cloud.
Daily Market Analysis
Bears have been the headliners in the Gold’s price action across the board and according to the H4 chart, XAU/USD is expected to finish a correction started since three weeks ago…
EUR/GBP reversed from support zone Next buy target - 0…
EUR/JPY reversed from support zone Next buy target - 134…
We've got a developing bullish impulse, which could be wave [i]. The main target for wave (v) is 2/8 MM Level, which could be...
There's a bullish "Harami", which has been formed on the 55 Moving Average. However, this pattern hasn't been confirmed enough...
The last "Inverted Hammer" and "Engulfing" patterns led to the current bullish price movement. Also, there's a "Three Methods"...
The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward "Wedge", so the pair is...
The price is consolidating between the levels 1.1772 - 1.1793. Also, we've got a "Pennant" pattern, which has been broken. So...
Recommendations: BUY 0…
Recommendation: SELL 1…
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the oversold area yet, but entered into the channel of Tenkan-Kijun and can grow to Kijun’s levels.