USD/JPY: dollar returned to Kijun-sen
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a newgolden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
XAU/USD: bears are preparing a trap
Recommendations:
SELL 1326 SL 1339 TP1 1296 TP2 1272 TP3 1244
SELL 1333 SL 1346 TP1 1302 TP2 1272 TP3 1244
SELL 1340 SL 1353 TP1 1310 TP2 1302 TP3 1272
On the daily chart, XAU/USD keeps consolidating in the 1302-1360 range. Another test of its lower border ended the formation of the “Widening wedge” pattern. Pullbacks towards 23.6%, 38.2% and 50% of the wave 4-5 are usually used for selling.
On H1, a “Shark” pattern is transforming into 5-0. Corrections to 1326, 1333 and 1340 may be used for selling.
王继强
Similar
AUD/USD: aussie in positive mood
Extremely narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
GBP/USD: pound supported by Kijun-sen
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
Latest news
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
Deposit with your local payment systems
