Gold is testing resistance at 1213 which is also Fibo 50% level. It has been a really strong resistance so far and had been recently rejected three times already. Most probably Gold will be going down now until it reaches Fibo 38.2% level at 1197. So at this level we are setting up our Take…Read more
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You can maintain your already opened buy positions. Also you may open additional ones just to seize that insane uptrend on GBPUSD. According to our Ichimoku strategy that uptrend is not likely to be reversed, as we are having ascending (blue) cloud on both daily and H4 charts. We keep buying GBPUSD while waiting for…Read more
On a daily chart we can see, according to our Ichimoku forex strategy, that EURUSD is still in a downtrend (green cloud). However we have been observing strong uptrend candlestick patterns. On a H4 chart we see clearly the uptrend. It might be a good opportunity to open a buy position for a short term…Read more
GBPUSD still continues its uptrend rally in a long term. On a daily chart it has broken through the descending (green) cloud and the uprising (blue) cloud has appeared. On a H4 chart we are still in a strong uptrend. You may open a buy position with a Stop Loss set up at 1.54300Read more
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