On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
NZD/USD: bears are armed with a wedge
SELL 0.7280 SL 0.7335 TP1 0.717 TP2 0.708
SELL 0.7330 SL 0.7385 TP1 0.723 TP2 0.717 TP3 0.708
On the daily chart NZD/USD, bulls’ inability to storm 88.6% resistance from a 4-5 wave meant their weakness. An exit of quotations out of an upward trading channel will strengthen risks of development of correction in the direction of 0.7170 and 0.7080.
On the hour chart NZD/USD, pattern “Broadening wedge” is actual. A successful storm of support at 0.7280 or pullbacks with subsequent rebounds from resistances at 0.7310, 0.7330 and 0.7350 will create opportunities to form shorts.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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…