GBP/CAD is insatiable
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
XAU/USD: gold rebounded from the bottom
Recommendation:
BUY 1266
SL 1251
TP1 1288 TP2 1301 TP3 1316
On the daily chart, XAU/USD pulled back after reaching 224% and 88.6% targets of AB=CD and “Double top”. To continue the rally towards the lower border of the uptrend channel, bulls need to conquer resistance at 1268.
On H1, a break of resistance at 1266-1268 will open the way up to the upper border of the downtrend channel and 88.6% target of the “Shark” at 1301.
Ivan Karamazov
Similar
EUR/NZD: the short-term downtrend
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.
EUR/CAD is ready for a move
EUR/CAD has formed a couple of higher lows since October. The pair has managed to overcome the 50- and the 100-day MAs at 1.4588 and 1.4640 respectively.
Latest news
GBP/CAD is insatiable
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
EUR/NZD: the short-term downtrend
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.
Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
Deposit with your local payment systems
