On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.
EUR/JPY: bears are following a shark
TP1 131.25 TP2 130.45
On the daily chart, EUR/JPY is slowly but surely moving 113% target of the “Shark” pattern. It settled below an important support at 132.2 (23.6% of the long-term bullish wave) and formed a bar with a long upper shadow – a sign that bears are serious.
On H1 of EUR/JPY, sellers managed to reach targets of a triangle. If their rivals fail to return the pair inside this pattern, a pullback from resistance at 132.20-132.30 will be a signal for short positions.
On the daily chart, XAU/USD is consolidating in the 1185-1210 range. A break of its upper border will trigger a “Crab” with a 161.8% target.
Expanding bullish Ichimoku Cloud with rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...