On the daily chart of GBP/USD, bears managed to pull the pair to the bottom line of the triangle.
USD/JPY: yen’s in the shark’s lair
TP1 113 TP2 113.25
On the daily chart, USD/JPY bulls managed to lead the pair outside of the long-term downtrend channel and settle above resistance at 111.65. A successful test of resistance at 113 will return buyers the hope for going to 113% target of the senior “Shark” pattern.
On H1, there’s a great possibility of a volatile trading. After a break of the upper border of the downtrend channel and reaching 113% target of the junior “Shark” pattern, there may be a pullback and a retest of the diagonal support.
On the daily chart of USD/CHF, the "Shark" pattern has been transforming to 5-0.
Narrow bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
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…