Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD is making a choice
SELL 1.1825 SL 1.188 TP 1.171
BUY 1.2025 SL 1.197 TP 1.2155
On the daily chart, EUR/USD broke below the diagonal support and left the uptrend channel. This increases the possibility of a “Shark” and “Head and Shoulders”. Their realization will lead to a pullback towards 1.1710. To resume the uptrend, bulls need to conquer resistance at 1.2030.
On H1, EUR/USD formed a “Widening wedge”. To trigger it, the pair needs a confident test of support at 1.1825-1.1840.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
On the daily chart of EUR/GBP, bears couldn't break the support at 0.87 ( the bottom line of the longterm consolidation within the "Spike and ledge" 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…