Tag - gbp

GBP/AUD broke multi-month resistance level 1…

The market is likely going to test the next resistance at 1.3996 - 1.4069. This area could be a starting point for...

The US dollar Index is trading sideways near 90…

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market is still on the support of the Cloud.

GBP/USD has been trading inside a bearish path that could allow another leg lower in order to complete a corrective cycle…

The pair is likely going to reach the next resistance at 1.3996 - 1.4069. However, if we have a pullback from these levels...

Recommendation: SELL 0…

Expanding bullish Ichimoku Cloud, but falling Senkou Span B(!); a golden cross of Tenkan-sen and Kijun-sen; the market supported by Cloud, but the Bulls can’t continue an existing uptrend.

It's likely that the pair is going to test the closest support at 1.3928. However, if a pullback from this level happens...

Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the positive area and the Bulls looks strong to continue market’s growing.

Recommendation: BUY 1…

Bulls found resistance at 1.3996. Nevertheless, the market is likely going to test the next resistance at 1.4069 in the coming hours...