USD/JPY: lower 'Window' acted as support
The pair is likely going to reach the closest resistance at 111.87, which could be a starting point for another decline...
USD/CAD: bears are gathering strength
On the daily chart, USD/CAD left the downtrend channel. As a result, the pair is correcting towards 23.6%, 38.2% and 50% within the transformation of the “Shark” pattern into 5-0. It will be sensible to use recoil from important resistance levels for opening short positions.
On H1, USD/CAD formed “Dragon” pattern. The pair’s currently consolidating within the “Spike and ledge” pattern in the 1.2660-1.2705 range. The break of its upper border will allow the pair to continue correction. A successful test of the lower border will strengthen the risks of the bearish trend resumption.
Ivan Karamazov
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EUR/USD: bearish 'Harami'
The pair is likely going to test the 34 & 55 Moving Averages in the short term. A pullback from these lines could be a departure point...
GBP/USD: 'V-Bottom' pushed price higher
The main intraday target is the next resistance at 1.3189 - 1.3216. If a pullback from these levels happens next...
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EUR/USD: euro hung on Tenkan-Kijun
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 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
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