USDJPY, as shown below, managed to break below red bullish channel. This may suggest that price is starting to correct down towards 109.40-109.20 after which it will move up once again before finishing its corrective move downward.
Cable it seems is still contained inside a bullish channel.
Price already retraced past its 61.8% retracement, and could still go on.
Invalidation level is set at 1.4769 which when breached, will make us stick to our alternate view.
Gold continued to slide down, breaking the channel that holds the correction that started since February.
We believe that bears' movement is limited towards 1197-1190 before price rises once again.
Happy trading traders!