XAU/USD reached resistance of the uptrend channel in the area of 1347.
USD/CAD: bulls are in control
BUY 1.3065 SL 1.301 TP1 1.3165 TP2 1.3265 TP3 1.33
On the daily chart, USD/CAD almost reached convergence area of 1.3275-1.33 (200% and 127.2% targets of junior and senior AB=CD). When they reach this area, the risks of a pullback will increase. Until that moment, any corrections may be used for buying as bulls are in control.
On H1, a pullback of USD/CAD to support at 1.3050-1.3065 will the following bounce may be used for buying.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…