GBP/USD turned down from the levels around 1.3015 this week and fell below the 100- and 200-day MAs in the 1.2960 area.
EUR/JPY: bulls have situation under control
Recommendations: BUY 124,9 SL 124,35 TP1 126,2 TP2 128.
On the EUR/JPY daily chart, there is a continuation of the upward movement within the framework of the boundaries of the Deep Shark pattern. Its target is located at 161.8% of the BC wave; it corresponds to the level of 128. Bears' attempt to launch a counterattack has failed; it has become a signal of their weakness.
On the EUR/JPY hourly chart, quotes are moving within the upward trading channel in the direction of the 113% target in the Shark inverted pattern. The signal for opening long positions might occur when quotes go beyond the boundaries of the triangle.
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…