EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
AUD/USD: aussie in positive zone
Technical levels: support – 0.7500, 0.7530; resistance – 0.7580, 0.7600
- Buy — 0.7530; SL — 0.7510; TP1 — 0.7580; TP2 — 0.7600.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but lines are horizontal; the market breaking out through the SSB’s resistance and may retest 0.7600.
USD/CAD has reached resistance of June highs around 1.3386. It briefly tested levels above this point, but then returned lower.
On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…