On the daily chart of USD/CAD, the implementation of the "Bat" and AB=CD patterns continues.
NZD/USD: the kiwi is going into the abyss
TP1 0.6725 TP2 0.664
On the daily chart of NZD/USD, the pair is moving within the downward channel and the AB=CD pattern with the 200% target is implementing. Bears control the pair. The closest important resistance levels are near 0.6825 and 0.6895.
On H1, the “Three Indians” pattern was implemented while the correction. Now the new “Three Indians” pattern is forming. A rebound from the resistance at 0.681-0.6825 should be used to sell.
On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.
On the daily chart of AUD/USD, the implementation of the purple "Shark" pattern with the 88.6% target continues.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...