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XAUUSD technical analysis

17 May 2018 Marios Athinodorou

On XAUUSD it can be observed that the price has formed a confirmed kumo break out yet based on the Ichimocu system.

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GBPUSD Technical Analisys

17 May 2018 Marios Athinodorou

For the past 2 months GBPUSD based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bearish formation.

The chikou span is below the price meaning that the small downtrend it formed there may continue.

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