XAU/USD reached resistance of the uptrend channel in the area of 1347.
AUD/USD: aussie on fire
Technical levels: support – 0.7330, 0.7270; resistance – 0.7370
- Sell — 0.7330; SL — 0.7350; TP1 — 0.7270; TP2 — 0.7210.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are made new lows and ready to continue existing downtrend.
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…