GOLD: bullish 'Engulfing' pattern
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
GBP/USD: developing 'Pennant' pattern
We've got a 'V-Bottom', so the market is consolidating. The main intraday target is the next resistance at 1.3314 - 1.3347. This area could be a starting point for a bearish correction in the direction of the 34 Moving Average.
There's a possible developing 'Pennant', which is about to end. It's likely that the pair is going to test the Moving Averages shortly. If a pullback from these lines happens next, bulls will probably try to reach another resistance at 1.3314 - 1.3347.
Sergey Logachev
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USD/CAD: price fixated above the Moving Averages
The market is likely going to reach the next resistance area at 1.3374 - 1.3385. If a pullback from these levels happens little later on...
GBP/USD: 'Harami' led to decline
There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...
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EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
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)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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