On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.
EUR/JPY: bulls took a break
BUY 133.35 SL 132.8 TP1 134.35 TP2 135.8 TP3 136.7
SELL 132.9 SL 133.45 TP1 132.1 TP2 131.9 TP3 131
On the daily chart, EUR/JPY keeps rising towards 88.6% target of the “Shark”. Formation of the inside bar at the important level of 50% of the wave XC points at uncertainty. Bulls are doubting their strength.
On H1, EUR/JPY after forming a “Broadening wedge” as a continuation pattern consolidated in the 132.90-133.35 range within the “Spike and ledge” pattern on the basis of 1-2-3.
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...