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USD/CAD: pair to reach previously tested support

USD/CAD: pair to reach previously tested support

Information is not investment advice

There're bearish patterns such a 'Harami' and an 'Engulfing', which both have been formed below the upper 'Window'. It's likely that the pair is going to reach the previously tested support at 1.3064. If a pullback from this level happens next, we should watch the nearest resistance at 1.3344 as the main bullish target.




XAU/USD: how about a buy trade?

XAU/USD formed a “hammer” candlestick on the D1 ahead of the 100-day MA. The price made a higher low on the H4 and now only the resistance at $1 877 separates the precious metal from further gains.

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