On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
XAU/USD: bulls are trying to break obstacles
TP1 1395 TP2 1420
On the daily chart of XAU/USD, the pair reached the upper boundary of the 1310-1360 consolidation for the third time since the end of February. The pair could not break the upper boundary both previous times, but bulls still hope to break it. If bulls manage to break the resistance at 1360-1365, the pair will move to the 127.2% target of the “AB=CD” pattern.
On H1, bulls prevail as long as the pair is above 1321 (the “Broadening wedge” pattern is not implemented). If the pair reaches the April high, odds of the rise to the 161.8% target of the “Crab” pattern will increase.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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…