On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.
EUR/JPY: bulls are going to attack
On the EUR/JPY daily chart, there is a transformation of the inverted "Shark" pattern into 5-0. The return of quotes to the level of 121.8 (23.6% of the CD wave) will increase the risks of recovery of the uptrend. In contrast, a successful test of the support at 120.65 can lead to the development of correction towards 120.5 and 119.95 levels.
On the EUR/JPY hourly chart, 121.4 is the immediate resistance level. Its breakout will activate the inverted "Shark" pattern with the target of 122.45. A more secure entry point to BUY is the area of the upper boundary of the downward trading channel.
Recommendation: BUY 122,8 SL 122,25 TP 123,8.
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...