Analyst opinion by Marios Athinodorou to 8 May 2018

By market

By author

08.05.2018

Based on the Ichimocu system we can see that the price is clearly below the cloud and the tekan sen, kijun sen and chikou span seem to be in bearish formation, meaning that they are below the cloud. The cloud and a spike at the end gives us the signal that the trend may continue. To be able to spot a trade the price needs to break the tekan sen line in order to consider looking for any potential signals Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.

Marios Athinodorou

08.05.2018

Technical Analysis XAGUSD

Based on the Ichimocu Signals we can observe that the price is above the cloud. Having said that the Lines Kijun sen ,Tekan Sen ,and chickou span seem to be in a bearish mode yet. What we would like to see here is the lines to break out of the kumo and form bullish formation in order to start looking for potential trades. Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.

Marios Athinodorou

08.05.2018

Technical Analysis XAUUSD

If we examine the XAUUSD with Ichimocu system it is notable that the price is under the cloud, the cloud is in a bearish mode and the tekan sen line is below the cloud. As for the kijun sen and chikou span they seem to be in the bullish side meaning that the lines didn't broke to the down side yet. What might be a good practice is to wait for the tow lines to break the cloud and start looking for any developments of the potential bearish signal.

Marios Athinodorou

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
	XAGUSD
	XAUUSD

Support

Personal area

Trading
- Account types
- Market
- MetaTrader 4/5
Promotions
- Promotions
Investments
- Synchronous Trading
  - Rating
  - About Service
  - How it Works
  - FAQ
Analytics
- News and Tools
- Market analysis
  - Market Opinions
  - Technical Analysis
TeleTrade
- About brand
- Сooperation

Personal area

Forex Demo Account

Start Bonus 100%

Synchronous Trading

Our Advantages

Economic Calendar

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers