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: bulls are dreaming about revenge
BUY 0.695 SL 0.6895 TP 0.705
SELL 0.682 SL 0.6875 TP1 0.6625 TP2 0.637
On the daily chart, bulls failed to hold above an important support at 0.6820. NZD/USD consolidated between 0.6820 and 0.6950. If it leaves this range, the risks of reaching 127.2% and 161.8% targets of “Crab” pattern or return to the inside of the uptrend channel will increase.
On H1, there’s increased activity of buyers near 0.6880 and 0.6840. If the pair renews November high, this will create reasons for the continuation of NZD advance.
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…