On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
EUR/USD: euro returned again to SSA
Technical levels: support – 1.1160; resistance – 1.1210.
- Buy — 1.1220; SL — 1.1200; TP1 — 1.1300; TP2 – 1.1340.
- Sell — 1.1180; SL — 1.1200; TP1 — 1.1080; TP2 – 1.1060
Reason: bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are returned to upper bounds of the Cloud after testing the support of Senkou Span B.
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…