USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
GBP/USD looking to extend the rebound
The GBP/USD pair continues to stay alive in the bullish bias held since several weeks ago, gaining momentum in the 200 SMA at H1 chart. Currently, the demand zone between the 50% and 65% Fibo levels at 1.3383 and 1.3334 is offering a strong support for the Cable and once it breaks above November 30th highs, it’s expected to test the -23.6% Fibo level at 1.3625.
RSI indicator remains in the neutral territory, favoring to a consolidation in the short-term.
Felipe Erazo
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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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