On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.
AUD/USD is playing hide-and-seek
BUY 0.7840, SL 0.7785, TP1 0.7990, TP2 0.8050
BUY 0.7805 SL 0.775 TP1 0.7990 TP2 0.8050
On the daily chart, AUD/USD is undergoing a correction to the uptrend. Bears are trying to return the pair to the inside of the uptrend channel. At the same time, bulls remain in control, so there’s a reason to use the pullbacks to the downside for opening long positions.
On H1, AUD/USD broke the lower border of an uptrend and triggered the “Bat” pattern. Its target is at 88.6% of XA wave. It allows determining an important support.
On the daily chart, XAU/USD is consolidating in the 1185-1210 range. A break of its upper border will trigger a “Crab” with a 161.8% target.
Expanding bullish Ichimoku Cloud with rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
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...