Last week NZD/USD made a significant thrust to the downside.
GBP/USD: pound can’t breaking SSB’s resistance
Technical levels: support – 1.3110; resistance – 1.3180.
- Sell — 1.3100; SL — 1.3120; TP1 — 1.3050; TP2 — 1.3010.
- Buy — 1.3150; SL — 1.3130; TP1 — 1.3260; TP2 — 1.3300.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are inside of a Cloud and under pressure of SSB’s resistance.
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…