Daily Market Analysis

BACERA DAILY COMMENTARIES 2017.8.24


EURUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak long

Chikou Span: long

Ichimoku Cloud: long

 

Mid-term trend: weak long

Short-term trend: long

Support 1: 1.1610 Support 2: 1.1430

Resistance 1: 1.1848 Resistance 2: 1.1909

 

GBPUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: short

Chikou Span: short

Ichimoku Cloud: short

 

Mid-term trend: short

Short-term trend: short

Support 1: 1.2706 Support 2: 1.2586

Resistance 1: 1.2812 Resistance 2: 1.2931

 

AUDUSD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: balance

Ichimoku Cloud: balance

 

Mid-term trend: balance

Short-term trend: weak short

Support 1: 0.7873 Support 2: 0.7786

Resistance 1: 0.7968 Resistance 2: 0.8063

 

GOLD: Time Frame H4

Tenkan-Sen and Kijun-Sen: weak short

Chikou Span: balance

Ichimoku Cloud: weak long

 

Mid-term trend: weak long

Short-term trend: balance

Support 1: 1280.3 Support 2: 1266.8

Resistance 1: 1300.7 Rsistance 2: 1307.7


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