
XAU/USD reached resistance of the uptrend channel in the area of 1347.
Recommendations:
SELL 0.6715 SL 0.677 TP1 0.6615 TP2 0.6515
BUY 0.6855 SL 0.68 TP1 0.6915 TP2 0.6975 TP3 0.7025
On the daily chart of NZD/USD, bulls tried to lead the pair out of the downtrend channel and trigger the “Bat” pattern but failed. The pair formed a consolidation range of 0.672-0.6855. If it gets out of it, it will find the direction for further movement.
On H1, NZD/USD is consolidating within a short-term downtrend. Bears are trying to finish the “Widening wedge” pattern and continue the decline.
XAU/USD reached resistance of the uptrend channel in the area of 1347.
GBP/USD regained some ground on the weakness of the USD and the optimism about Brexit.
AUD/NZD is making movements to the downside which are hard to ignore.
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…
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