BCR DAILY COMMENTARIES 2018.5.16


Posted on: 2018-05-16 (Day) By BCR Market Analysis


 

EURUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: weak short

Ichimoku Cloud: short

 

Mid-term trend: short

Short-term trend: short

Support 1: 1.1821 Support 2: 1.1715

Resistance 1: 1.1996 Resistance 2: 1.2092

 

GBPUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: weak short

Ichimoku Cloud: weak short

 

Mid-term trend: short

Short-term trend: weak short

Support 1: 1.3458 Support 2: 1.3336

Resistance 1: 1.3611 Resistance 2: 1.3710

 

AUDUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: weak long

Ichimoku Cloud: balance

 

Mid-term trend: short

Short-term trend: weak short

Support 1: 0.7412 Support 2: 0.7326

Resistance 1: 0.7566 Resistance 2: 0.7642

 

XAUUSD: 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: 1284.7 Support 2: 1263.3

Resistance 1: 1301.6 Rsistance 2: 1325.8