
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
USDCAD has reached the support trendline and the 1.3340 support level. We can notice that the last four candles are much smaller than the previous ones. It usually happens when smart money gains positions ahead of the trend reversals. Thus, we expect the pair to bounce off this support and skyrocket toward the 1.3510 resistance, and 1.3340 look like a great entry point for that trade.
Have a great trading session!
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
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