EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
USD/JPY: the Dollar reached 111.50
Technical levels: support – 110.00; resistance – 111.50.
- Sell — 110.80; SL — 111.00; TP1 — 110.00; TP2 — 109.50.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are reached the main daily resistance on 111.50 and the market is overbought now.
USD/CAD has reached resistance of June highs around 1.3386. It briefly tested levels above this point, but then returned lower.
On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
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…