Forex short covering

Posted: Stalin Date: 26.05.2017

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Gold prices opened with a gap down yesterday as there were no market-sensitive news developments over the weekend to rattle the markets. Although we have bearish Tenkan-Sen nine-period moving average, red line and the Kijun-Sen twenty six-period moving average, green line crosses on both the daily and 4-hourly charts, prices are within the borders of the weekly and the daily Ichimoku clouds.

That being the case, the market looks as if it will tend to consolidate between the and The bulls will have to successfully push the market above Once below there, the next stop will be Closing below on a daily basis open up the risk of a drop to Alp Kocak has been trading Forex since He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo. Registration is required to ensure the security of our users. Login via Facebook to share your comment with your friends, or register for DailyForex to post comments quickly and safely whenever you have something to say.

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forex short covering

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forex short covering

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Short Covering

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