On the daily chart of USD/CAD, the implementation of the "Bat" and AB=CD patterns continues.
GBP/USD: pound inside Cloud
Technical levels: support – 1.3060; resistance – 1.3160.
- Sell — 1.3140; SL — 1.3160; TP1 — 1.3060; TP2 — 1.3010.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun; the prices returned inside a Cloud and may continue to fall.
On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.
On the daily chart of AUD/USD, the implementation of the purple "Shark" pattern with the 88.6% target continues.
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…