On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
AUD/USD: the "Australian" approached Rubicon
SELL 0.7475 SL 0.753 TP1 0.741 TP2 0.734
BUY 0.7545 SL 0.749 TP1 0.7635 TP2 0.7745 TP3 0.7815
On the daily chart of AUD/USD, after the pair reached the 161.8% target of the “AB=CD” pattern, it started consolidating within 0.7465-0.7565. The break of its bottom line will let bears continue the sharp decline to 200%, 224%, and 261.8% targets.
On H1, there is an implementation of the “Spike and ledge” pattern within the correction to the downtrend. A successful break of the upper boundary of the 0.75-0.7545 consolidation will increase risks of the pullback.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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…