AUD/NZD experienced an impressive rally since the end of March.
EUR/GBP: the euro is haunting a «Shark»
TP1 0.8895 TP2 0.894 TP3 0.9015
On the daily chart of EUR/GBP, the implementation of the junior “Shark” pattern with the 88.6% target continues. The target is located near 0.8940. To continue the upward movement, bulls need to stick above an important level of 0.8805 (50% from the middle-term upward wave) and renew May highs.
On H1, bears cannot hold the pair below the bottom line of the uptrend that signals bears' weakness. A break of the resistance at 0.8835 will let bulls to move up.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…