XAU/USD reached resistance of the uptrend channel in the area of 1347.
USD/JPY: the Bears continue sells
Technical levels: support – 110.50; resistance – 111.50.
- Buy — 110.70; SL — 110.50; TP1 — 111.50; TP2 — 111.80.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the market returned to negative zone but near strong support of 110.50.
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…