GBP/USD turned down from the levels around 1.3015 this week and fell below the 100- and 200-day MAs in the 1.2960 area.
Gold: bulls push prices up
SELL $1270, SL $1278, TP1 $1250, TP2 $1230
On the daily chart, bulls made a second attempt during the 2 weeks to return the prices inside the previous rising channel. If it succeeds, the odds of an increase at least towards $1295 an ounce will sharply increase. On the other hand, recoil down from $1277-1279 will make gold consolidate.
On H1, the inability of bulls to hold the prices above $1270 зan ounce will show their weakness. As a result, risks of reversal patterns Anti-Turtles and “Widening wedge” will increase.
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…