On the daily chart of EUR/JPY, there are implementations of the "Broadening wedge" and "Shark" patterns (88.6% target).
Daily Market Analysis
On the daily chart of USD/CHF, there is a transformation of the "Shark" pattern into 5-0.
On the daily chart of GBP/USD, bears managed to move the pair outside the triangle.
On the daily chart of XAU/USD, the successful break of the resistance at 1,229 signal the further rise of the gold.
On the daily chart of USD/CAD, the targets of "Shark" (88.6%) and "Wolfe Waves" patterns were implemented.
The pair closed below the trendline support line on Monday. MACD is declining.
While risk-sensitive currencies like AUD and NZD try to figure out whether to close gaps or not, the USD is strengthening versus gold.
On a daily chart of AUD/USD, the gap-up of the week occurred.
On the daily chart of NZD/USD, the 113% target of the "Shark" pattern was reached.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
AUD/JPY is testing levels above the 50-week MA at 82.79.