On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
GBP/USD: pound supported by Senkou Span A
Technical levels: support – 1.4070; resistance – 1.4180, 1.4210.
- Buy — 1.4150; SL — 1.4130; TP1 — 1.4210; TP2 — 1.4270.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices supported by Senkou Span A and returned to Kijun-sen.
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…