On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
EUR/USD: euro supported by Cloud
Technical levels: support – 1.1770; resistance – 1.1830.
- Buy — 1.1800; SL — 1.1770; TP1 — 1.1875; TP2 – 1.1930
Reason: bullish Ichimoku Cloud, horizontal Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in positive area and may continue growing up.
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…