USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
EUR/USD: main trend still bearish
Information is not investment advice
The main trend is still bearish. At the same time, there's an 'Inverted Hammer', which hasn't been confirmed yet. In this case, for now, it's likely that the market is going to test the nearest resistance by the 'Window' and the 34 Moving Average (1.1304). The subsequent pullback from these levels could lead to another decline in the direction of the next support at 1.1148.
Galya Svetlova
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