On the daily chart of USD/CAD, bears try to counterattack and implement the “Bat” pattern.
Daily Market Analysis
On the daily chart of XAU/USD, the pair reached the 88.6% target of the “Shark” pattern.
Bullish Ichimoku Cloud but rising Senkou Span B; a correctional dead cross of Tenkan-sen and Kijun-sen.
Bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen.
On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
On H1, bulls get ready to break the resistance at 0.6825.
Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun.
Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
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.
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.
Expanding bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but horizontal lines.