GBPCAD Bullish ABCD in Play

At Support or Resistance

USDJPY daily chart: Testing near term resistance at 108.80 -109.00

EURNZD daily chart: At prior swing low and potential resistance 1.6800 area. Will downtrend resume?

AUDCHF daily chart: At 0.6856 swing low and potential support. A breakout would extend the downside.

EURCHF daily chart: Retesting broken swing low and resistance level at 1.1057. An area of interest for the bears.

GBPCHF daily chart: At long term major support among 1.2215-1.2250

GBPNZD daily chart: Hit broken swing low and resistance at 1.8709 before retreating.

The S&P/ASX 200 index daily chart: Approaching its all-time high and potential major resistance at 6850.

Candlestick Patterns

GBPAUD daily chart: The price formed a shooting star that’s followed by small Gravestone doji candlestick patterns.

EURJPY daily chart: A long legged doji at 120.78 prior low.

NZDUSD weekly chart: A bearish engulfing candlestick pattern

Light Crude Oil weekly chart: Another bearish engulfing candle.

Candlestick Patterns Near Support or Resistance

GBPCHF weekly chart: A long-legged doji candlestick pattern at 1.2232 support area.

Palladium weekly chart: A bearish shooting star candlestick pattern at prior swing high and potential resistance 1577.

CAC40 daily chart: Bearish engulfing candlestick pattern at resistance area among 5630-5657.

EURUSD daily chart: Long-legged doji candlestick pattern at 1.1100 support area

Breaking Out of Support or Resistance

AUDJPY daily chart: breakout below 75.13 swing low.

USDCAD daily chart: Breakout above 1.3145 latest swing low and resistance level.

Chart Patterns

GBPCAD weekly chart: Hits 1.271 Fibonacci extension for bullish ABCD pattern. The pattern may complete at the current price level or at the 1.618 extension at 1.5855.