The last bearish "Engulfing" pattern is still on the table. In this case, if a pullback from the nearest resistance area happens...
Daily Market Analysis
Recommendations: BUY 1…
Recommendations: BUY $1344 SL $1329 TP $1374 TP2 $1390 TP3 $1410 SELL $1320 SL $1335 TP1 $1290 TP2 $1270 On the daily chart XAU/USD, a rebound from the bottom line of the uptrend channel allowed gold to hope for the bullish trend’s recovery again…
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are inside of a Cloud, but the Dollar looks very weak.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices in consolidation above Tenkan-sen and Kijun-sen.
It's likely to have a bullish price movement in the direction of the nearest resistance at 1.4011 - 1.4048 in the coming hours...
The pair is likely going to test the nearest resistance at 1.2355. If we have a pullback from this level, bears will probably try to...
USD/TRY is currently moving in a sideways range, but still it’s being favored by the bears amid a broad-based weakness seen in the US Dollar…
EUR/CHF reversed from support trendline Next buy target - 1…
NZD/CAD reversed from support area Next buy target - 0…
The pair is likely going to test the 21 MA once again. If a pullback from this line happens little later on...
If a pullback from the nearest resistance area happens, there'll be a moment for another decline...