We shall sell the GBP at the horizontal level.
The turmoil surrounding the UK referendum has calmed down and liquidity is returning to the markets.
AUS200 has formed a dodji and a mallet, which have pressed against the ascending channel and the broken symmetrical triangle.
The polls turn up conflicting results each day.
There is an inverse flag shaped for the pair in the four-hour and day chart.
The Japanese currency is approaching strong monthly resistance levels.
The second half of last week was influenced by the ECB meeting and Mario Draghi’s press conference.
The first Friday of the month is here and we are in anticipation of the market labour data.
Buy 111.05, Stop Loss 110.55, Take Profit 114.35.
The latest US labour data has confirmed predictions that we made a month ago.
On the daily chart, the GBP has formed a shooting star.
Candlesticks have formed a bearish engulfment, which has presed against the monthly descending trend.
We can see strong signals for growth with EUR/USD.
USD/CNH has breached the descending channel.
Last week Oil has continued a correction which can unexpectedly end with, for example, negative data from China.