XAU/USD reached resistance of the uptrend channel in the area of 1347.
GBP/USD: pound broke SSB’s resistance
Technical levels: support – 1.2900; resistance – 1.2980.
- Buy — 1.2920; SL — 1.2900; TP1 — 1.2980; TP2 — 1.3050.
Reason: narrowing bearish Ichimoku Cloud and horizontal Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen under the Cloud; the prices broke the Cloud’s resistance and entered into the positive area.
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…