On the daily chart, EUR/GBP has been stuck in the 0…
Gold is moving in channels
SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250
SELL 1280 SL 1295 TP1 1250 TP2 1244
On the daily chart of USD/XAU, bulls have to break resistance at 1302. Then the pair may leave the descending channel, trigger and form a “Shark” pattern with the target at 88.6%.
On H1, XAU/USD keeps forming 5-0, “Broadening wedge” and AB=CD. A pullback of the pair from the upper border of the downtrend channel will allow bears to resume the downtrend.
On the daily chart of EUR/USD, bulls are trying to form a double bottom with the help of a bar with the long lower shadow. Bears are still hoping to trigger AB=CD pattern with targets 127.2%, 161.8%, and 200%.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
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.
We've got a pullback from the nearest "Window", so there's an "Engulfing" pattern. In this case, the pair is likely going to...