NZDCAD Bearish Move once the price hits a daily resistance key level
EURUSD Bearish Continuation until 1.71
Gold is expected to fall this week powered by two critical news from the US.
This is a follow up on my previous analysis, after reanalyzing the chart, GBPUSD will be short forming head and shoulders until the critical US news.
This scenario is more probable and should form head and shoulders
Given the unemployment rate disappointing news in US, I expect the DXY price to be short and GBP will be long.
Given the unemployment rate disappointing news in US, I expect the DXY price to be short and EUR will be long.
If the price respects the raising channel, bearish continuation is expected and the price will fall. Better to wait until Monday to see.
If the price breaks the resistance level, then we are likely to see a retest.
If the price respects the raising channel, bullish continuation is expected.
XAGUSD Bullish Move until FOMC then should fall back within the raising channel
EURUSD is expected to continue the bearish trend after the false breakout following some news between the US and CH. This bearish trend is powered by the strength of USD following the good news last week about the employment rate. However, today it is expected that the price will reach 1.185 before the bearish trend continuation within the falling channel.
EURUSD is expected to continue the bearish trend after the false breakout following some news between the US and CH. This bearish trend is powered by the strength of USD following the good news last week about the employment rate. FX:EURUSD