On the daily chart of USD/JPY, a break of the support at 112.85 and an exit out of the upward channel may mean an implementation of reversal 1-2-3 and "Three Indians" patterns.
AUD/USD: aussie returned to Tenkan-sen
Technical levels: support – 0.7680; resistance – 0.7730.
1. Buy — 0.7680; SL — 0.7660; TP1 — 0.7730; TP2 — 0.7770.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of rising Tenkan-sen and Kijun-sen; the prices are on thee yearly highs.
On the daily chart of EUR/JPY, the pair keeps reaching targets of the "Broadening wedge" pattern.
Irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun.
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...