On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.
XAU/USD: gold was captured by bulls
TP $1357 TP2 $1395
On the daily chart, XAU/USD is under control of bulls, at least until the pair’s trading above $1306 an ounce. A break of this level will increase the risks of the reversal “Widening wedge” pattern.
On H1, XAU/USD is forming “Spike with reversal and acceleration”. Breaks of support at $1333 and $1327 an ounce will create grounds for the development of correction. On the other hand, rebound from this level will allow the bulls to count on the uptrend’s resumption.
On the daily chart, XAU/USD is consolidating in the 1185-1210 range. A break of its upper border will trigger a “Crab” with a 161.8% target.
Expanding bullish Ichimoku Cloud with rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...