Gold is doing everything to defend the 1307 USD/oz support. They are doing pretty good and it is all happening in the times of the great strength of the U.S. dollar, so basically against a very important correlation. The latest technical formation here is the inverse head and shoulders pattern. The price closing above the mid-term horizontal resistance on the 1315 USD/oz and the neckline (purple), will be a strong signal to go long.
Next instrument is the EUR/USD, where we can see this strength of the USD mentioned above. 6 bearish days in a row! Monday, was especially important here as the price broke the lower line of the symmetric triangle pattern. That triggers the mid-term sell signal. In the short-term, we can have a small bullish correction but in overall, it does not look good for the buyers.
The last instrument is the USD/JPY, which is in the flag or a channel up formation if you will. Most recently, we had a beautiful ascending triangle pattern, which gave us a proper buy signal. The situation here is opposite to this one on the EUR/USD. Here, we can see a chance for the short-term drop but the long-term sentiment remains positive with the target on the upper line of the channel up formation.