On the daily chart, AUD/USD stayed above the support at 0.7105 (78.6% of the long-term rising wave).
AUD/USD: aussie keep staying inside a Cloud
Technical levels: support – 0.7760; resistance – 0.7840
- Sell — 0.7820; SL — 0.7840; TP1 — 0.7760; TP2 — 0.7700.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are inside a Cloud and there is a strong resistance of Senkou Span B.
On the daily chart, bulls managed to lead NZD/USD outside of the downtrend channel. They are ready to trigger the “Shark” with 88.6% and 113% targets.
On the daily chart, EUR/USD managed to rise above resistance at 1.1750 and lead the pair out of the medium-term consolidation range (1.15-1.1750).
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...