Cable did not hesitate too much on the horizontal resistance created by the lows from the February 2016. We had a bit of bearish price action there but eventually buyers managed to break that resistance and went significantly higher. Current sentiment is positive, at least, as long as we stay above the 1.385.
DAX finally defended the upper line of the wedge as a closest support. It did not come easy though. They had some troubles and the German index was significantly weaker than the American or German counterparties but at the end of the day, buyers were successful here. Current sentiment is positive and we have an open way towards the new highs.
AUD/CAD is an exotic instrument but we can see a nice technical situation here. First of all, the price broke the long-term down trendline and then, used that as a support. What is more, the price is creating an inverse head and shoulder pattern. Further upswing is possible especially that we already broke the neckline.