USD/CAD: sellers lost the initiative
On the daily chart, bears tried to form “Three Indians”, 1-2-3 and “Bat” with 88.6% target but failed to bring USD/CAD to an important support at 1.2925.
EUR/USD is hunting bats
Recommendations:
BUY 1.1615
SL 1.1560
TP1 1.1715 TP2 1.1790 TP3 1.1910
On the daily chart, EUR/USD keeps consolidating in the 1.1515-1.1815 range. Bulls keep hoping to form a “Dragon” and a “Crab”. To do it, they will need to lead the pair out of the downtrend channel, push it above resistance at на 1.1755 and then renew July high.
On H1, if EUR/USD reaches 88.6% target of a “Bat”, it will allow locating support. A pullback from it will create the ground for long positions.
Ivan Karamazov
Similar
XAU/USD is going to the abyss
On the daily chart, bears managed to move XAU/USD to 113% target of the “Double top”.
AUD/USD fell from the ledge
Bears managed to pull AUD/USD below the lower consolidation range of 0.732-0.7470 (a ledge) within the “Spike and ledge” pattern.
Popular
EUR/USD: euro hung on Tenkan-Kijun
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 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
