EUR/CHF met resistance at the 50-week MA around 1.14. The Moving Average has recently formed a “dead cross” with the 100-week MA.
EUR/JPY: the Japanese yen is strong
TP1 129.45 TP2 128.95 TP3 128
On the daily chart of EUR/JPY, the "Broadening wedge" pattern is at its last stage of the formation. To continue the rally, bulls have to break the resistance at 131.15 (23.6% of the 4-5 wave) and 133.15. Vice versa, a return of the pair within the downward channel will increase risks of the correction to the long-term upward channel.
On H1, when the pair reaches the 113% target of the "Shark" pattern and there is a rebound from the resistance at 130.45, it will be a signal to sell within the transformation of the "Shark" pattern to 5-0.
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…