On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
AUD/USD: aussie tested Cloud’s resistance
Technical levels: support – 0.7450, 0.7490; resistance – 0.7530, 0.7570
- Sell — 0.7510; SL — 0.7530; TP1 — 0.7450; TP2 — 0.7420.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a correctional golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the Bulls tested a Cloud’s resistance, but haven’t strength yet.
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
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…