After the quiet Asian session EUR has started the European with some gains and hopes for bad US data again to make progress to the upside. If we take a look at H4 we can see EUR is inside a wide negative Ichimoku and trying to break it higher, but it's too early so falls back to 1.2220 are quite possible. Somewhere around 1.2390 there is a strong resistance, we may find there the upper border of the Ichimoku cloud also. EUR now trades @ 1.2310 but in the following hours to the beginning of american session i expect a bullback to 1.2250, then a new jump higher to break 1.2325 on a bad US data. Target for today is 1.2390-1.2400 and then maybe a pullback to 1.2330-40, if a stronger impulse we may reach 1.2445 but no more. Somewhere above 1.2450 look for a good price to sell EUR.
Gold is in a consolidation mode and may remain in it some 2 or 3 weeks more.
Here are my positions: LONG EUR @ 1.2310 TP 1.2390 TP 1.2440 SL below 1.22 (that's really quite big SL, if you like place smaller)
LONG GOLD @ 1580 TP above 1900 , SL 1470 - this is a long term position with time frame at least 6 months or even more