Gold breaks the mid-term upwards trend line but the downswing stops at 1,324 USD/oz. There is a chance of a bigger reversal but the price first needs to break this support. If that happens, the next target will be around 1,300 USD/oz.
USDJPY created a trend reversal pattern; a head and shoulders formation on the hourly chart. Interestingly, the neckline was, at the same time, the long-term horizontal resistance at 110.9. As long as the price is above this area, sentiment is positive.
FTSE continues the decline started on Tuesday. The potential target for this is the 7,600 support; the upper line of the symmetric triangle pattern. A bullish formation here would be a very strong buy signal.