EUR/CHF met resistance at the 50-week MA around 1.14. The Moving Average has recently formed a “dead cross” with the 100-week MA.
NZD/USD: Kiwi is coming back to the 'dead zone'
SELL 0.728 SL 0.7335 TP1 0.7205 TP2 0.717
BUY 0.743 SL 0.7375 TP1 0.753 TP2 0.763
On the daily chart NZD/USD, bulls should break the resistance at 0.743 to continue the rally. On the contrary, if quotations are out the uptrend channel, it will strengthen risks of a pullback.
On H1, the pair reached targets of the “Broadening wedge” pattern. The break of the resistance at 0.7365 will activate the “Shark” pattern. This level is in the “dead zone”. A rebound from the bottom line of the uptrend channel will support a sale of Kiwi.
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…