On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
AUD/USD: aussie is dreaming of the north
On the AUD/USD daily chart, the bears failed to keep quotes below the important support at 0.7605. As a result, the risks of the transformation of the junior inverted "Shark" pattern into 5-0 have increased. If this happens, the update of the March high followed by the successful test of the resistance at 0.777 will allow us to set 113% target in the "Shark" senior pattern.
On the AUD / USD hourly chart, the expanding wedge pattern has been formed. Rollbacks towards 23,6%, 38,2% and 50% levels from 4-5 wave can be used for the opening of long positions in the direction of 88.6% and 113% targets in the Shark reversal pattern.
Recommendations: BUY 0,763 SL 0,7575 TP 0,777,
BUY 0,762, SL 0,7565 TP1 0,7695 TP2 0,777.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…