GBP/USD: consolidation along the MA
There's a developing "Rising Wedge", so the price faced resistance on the 34 Moving Average.
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EUR/USD: developing "Flag" pattern
Bears have broken the "Rising Wedge" and the last upward trendline. Also, there's a possible "Flag" pattern.
AUD/USD: the bulls will be given a third attempt
Recommendation: BUY 0,7625 SL 0,757 TP1 0,771 TP2 0,78…
USD/CAD: loonies breaks the trend
Recommendation: SELL 1,3185 SL 1,324 TP1 1,3 TP2 1,2875…
Morning brief for June 16
The Bank of Japan was in the spotlight in the Asian session…
AUD/USD: aussie supported by Tenkan and Kijun
Expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices made the new highs and corrected to support of Tenkan-sen and Kijun-sen.
GBP/USD: pound will test Cloud again
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a correctional golden cross of Tenkan-sen and Kijun-sen; the prices returned to Cloud again and the Bulls can try to breakout its resistance.
AUD/JPY reached buy target 84.00
AUD/JPY reached buy target 84…
EUR/AUD falling inside the minor ABC correction 4
EUR/AUD falling inside the minor ABC correction 4 Next sell target - 1…
EUR/USD: developing wave (i)
The price hasn't fixed above 4/8 MM Level, so wave [c] of 2 may have been ended. Therefore, there's developing wave (i).
Highlights of the Bank of England's meeting
The Bank of England published its latest views on interest rates and monetary policy setting earlier today…
USD/JPY: consolidation along the 34 MA
We've got a bullish "Engulfing", so the market is likely going to test the nearest resistance.
