BCR DAILY COMMENTARIES 2018.8.9


Posted on: 2018-08-09 (Day) By BCR Market Analysis


EURUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak long

Chikou Span: weak long

Ichimoku Cloud: weak short

 

Mid-term trend: short

Short-term trend: weak long

Support 1: 1.1508 Support 2: 1.1305

Resistance 1: 1.1839 Resistance 2: 1.1996

 

GBPUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: short

Ichimoku Cloud: short

 

Mid-term trend: short

Short-term trend: short

Support 1: 1.2771 Support 2: 1.2586

Resistance 1: 1.3212 Resistance 2: 1.3303

 

AUDUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: long

Chikou Span: long

Ichimoku Cloud: long

 

Mid-term trend: balance

Short-term trend: weak long

Support 1: 0.7310 Support 2: 0.7162

Resistance 1: 0.7500 Resistance 2: 0.7605

 

XAUUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: weak long

Ichimoku Cloud: weak short

 

Mid-term trend: short

Short-term trend: weak short

Support 1: 1204.7 Support 2: 1108.4

Resistance 1: 1236.5 Resistance 2: 1261.2