On the daily chart of XAU/USD, the pair left the downward channel and reached targets of the “Spike and ledge” pattern.
EUR/USD: the euro follows the “Shark”
TP1 1.1755 TP2 1.178 TP3 1.182
On the daily chart of EUR/USD, the downward triangle is forming. If bears break its bottom line, the AB=CD pattern with the 200% target will be implemented. Vice versa, if the pair goes out of the downward channel and breaks the resistance at 1.1755, it will increase chances of the bullish long-term trend’s recovery.
On H1, bears can’t pull the pair out of the upward channel, it signals their weakness. Bears try to play back "Wolfe waves" and "Sharks" patterns.
On the daily chart of USD/CAD, the pair is reaching targets of the “Wolfe waves” pattern.
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...