On the daily chart of NZD/USD, the 0.652 level (78.6% of the long-term upward wave) will determine the further direction of the pair.
GBP/USD: pound keep staying in positive zone
Technical levels: support – 1.3400; resistance – 1.3460.
- Buy — 1.3400; SL — 1.3380; TP1 — 1.3460; TP2 — 1.3480.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market is on the support of Senkou Span B and may bounced to positive area.
On the daily chart of AUD/USD, the pair is trying to break above the 0.7107 level (78.6% of the long-term upward wave).
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...