On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
USD/CAD: loonie is rolling into the abyss
On the USD/CAD daily, taking advantage of the weakness of the bears, the bulls broke the upper border of the downward trading channel and restored the uptrend. If they manage to keep quotes above 1.357, they might extend the rally towards 1.384.
On the USD/CAD hourly chart, the expanding wedge pattern was realized. This allowed us to open long positions and lock in their profits. The immediate support is located near 1.3525. Previously, it was a resistance. Target 161.8% in the AB = CD pattern is still relevant.
Recommendation: BUY 1,3525 SL 1,347 TP 1,372.
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…