Analysis

2019-06-19
07:30 pmEUR/USDFOMC press conference. United States, 20:30 (GMT+2)
07:00 pmEUR/USDFed Interest Rate Decision. United States, 20:00 (GMT+2)
03:30 pmEUR/USDCrude Oil Inventories. United States, 16:30 (GMT+2)
03:00 pmEUR/USDECB President Draghi Speaks. EU, 16:00 (GMT+2)
02:24 pmGBP/USDGBP/USD: within the downtrend
01:30 pmUSD/CADCore CPI. Canada, 14:30 (GMT+2)
11:14 amEUR/USDEUR/USD: general analysis
10:47 amBrentBrent Crude Oil: technical analysis
09:57 amNZD/USDNZD/USD: technical analysis
09:30 amGBP/USDConsumer Price Index. United Kingdom, 10:30 (GMT+2)
09:15 amSilverXAG/USD: silver prices are growing
08:56 amYM(DOW JONES)YM: general analysis
08:54 amUSD/JPYUSD/JPY: ambiguous dynamics
08:38 amMorning Market Review
08:37 amUSD/CADUSD/CAD: the correction
08:21 amUSD/CHFUSD/CHF: wave analysis
08:21 amAUD/USDAUD/USD: wave analysis
06:22 amEUR/JPYEUR/JPY: Ichimoku clouds
2019-06-18
09:04 pmEUR/GBPEUR/GBP: Ichimoku clouds
03:22 pmUSD/CHFUSD/CHF: Ichimoku clouds

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19-06-2019 09:04 pm EUR/GBP
EUR/GBP: Ichimoku clouds


Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument has broken down Tenkan-sen and Kijun-sen lines. The closest support level is the upper border of the cloud (0.8890). The closest resistance level is Kijun-sen line (0.8925).




On the daily chart Tenkan-sen line is above Kijun-sen, both lines are directed upwards. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Tenkan-sen line (0.8900). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.8950).


On the four-hour chart we can see the beginning of the trend reversal. On the daily chart the Bullish trend is still strong. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (0.8950) line and Stop Loss at the level of Kijun-sen line (0.8900).