
XAU/USD reached resistance of the uptrend channel in the area of 1347.
Technical levels: support – 112.30/40; resistance – 113.00, 113.30.
Trade recommendations:
Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the horizontal Tenkan-sen and Kijun-sen; the prices are breaking down the Kijun’s support and going to Cloud.
XAU/USD reached resistance of the uptrend channel in the area of 1347.
GBP/USD regained some ground on the weakness of the USD and the optimism about Brexit.
AUD/NZD is making movements to the downside which are hard to ignore.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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