Trading news

GBPUSD: ICHIMOKU ANALYSIS FOR MAY 07, 2015

Posted on May 7, 2015 10:01

Great British Pound getting stronger since last two days, against the US dollar. Today in early EU session this pair give some correction and ticked down little, due to the résistance of SMA100 in h1 graph. 

Ichimoku cloud is indicating strong bullish trend for this pair in h1, and d1 graph. In daily graph senko span act as a good support for this pair near 1.5075 and ticked up. In h1 graph tenken sen has crossed Kijun sen and their crossover is also a good indication. Senko span B is below then Senko Span A and this is a clear bullish sign.

Presumably, the trend is strong bullish but in h4 graph this pair is facing a short resistance area near 1.5291 by Kijun Sen, if this level breaks then next expected target would be 1.5354.

Monday, 25 May, 2015 / 12:04

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://rinvestments.com/forex-forecast/gbpusd-ichimoku-analysis-for-may-07-2015.html

Trading news

 

US PPI Rises Slower In June

Producer prices data from the US released on Friday saw a slower pace of [...]

Posted on Monday, 15 Jul, 2019 / 12:39 under

COT: Speculators cut longs in oil and gold; Record copper short

The weekly Commitments of Traders (CoT) reports covering the week to July 9. [...]

Posted on Monday, 15 Jul, 2019 / 9:09 under

Oil prices grow by 5% on tropical storm

Oil shows strong growth this week. Bulls managed to get over the level of [...]

Posted on Monday, 15 Jul, 2019 / 8:38 under