On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
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.
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…