USD/TRY has moved sharply down this week falling to the support line since the end of November.
GBP/USD: positive sentiments returned to market
Technical levels: support – 1.3550; resistance – 1. 3650.
- Buy — 1.3550; SL — 1.3530; TP1 — 1.3650; TP2 — 1.3700.
Reason: expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the Bulls are gaining the strength and returned the prices above Kijun-sen.
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…