USD/TRY has moved sharply down this week falling to the support line since the end of November.
GBP/USD: pound’s black days
Technical levels: support – 1.4010; resistance – 1.4140.
- Buy — 1.4010; SL — 1.3990; TP1 — 1.4100; TP2 — 1.4140.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market had bounced from the 2Y-highs and going to correction.
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…