USD/JPY: dollar in correction

USD/JPY: dollar in correction

Technical levels: support – 113.00; resistance – 113.60.

Trade recommendations:

  1. Buy — 113.00; SL — 112.80; TP1 — 113.60; TP2 — 114.00.

Reason: expanding bulllish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the main resistance and returned to support of Tenkan-sen.




XAU/USD: gold is in the corridor

Recommendation: SELL $1324 SL $1339 TP1 $1302 TP2 $1280 BUY $1344 SL $1329 TP $1359 TP2 $1380 TP3 $1392 On the daily chart, if XAU/USD renews January high, the risks of its going to 127…


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