On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
AUD/USD returns to an old trend
TP1 0.7810 TP2 0.7850
On the daily chart, AUD/USD bulls managed to lead the pair outside of the downtrend channel and return it inside the long-term uptrend channel. If the pair renews December high with the following break of resistance at 0.7736-0.7752, the odds of a rally will increase.
On H1, the “shark” pattern is transforming into 5-0 and trading within a “Widening wedge”. A successful test of resistance at 0.7695-0.7700 will open the way north to 78.6% and 88.6% of the last descending wave.
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…