On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
EUR/USD: euro on new lows
Technical levels: support – 1.1670, 1.1620; resistance – 1.1760.
- Sell — 1.1760; SL — 1.1780; TP1 — 1.1670; TP2 — 1.1620;
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market made a new lows and goes to correction to the Cloud.
On the daily chart of USD/CAD, the pair reached the 113% target of the "Shark" pattern.
On the daily chart of NZD/USD, bears managed to take control over the situation and pull the pair towards the lower border of the upward channel due to the "Three Indians" pattern.
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…