On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
EUR/USD: euro reached 1.2000
Technical levels: support – 1.1975, 1.1900; resistance – 1.2020.
- Sell — 1.2020; SL — 1.2040; TP1 — 1.1975; TP2 — 1.1900;
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market made a new local lows coming near yearly minimum values.
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…