ftonialfred

ftonialfred

Gold has been ranging lately with no clear direction. If price is able to respect the upward trend-line support and retest the 1305 area, price should break up to the next supple zone of 1325. Knowing USDJPY is negatively correlated with Gold, and USDJPY having bearish structure at the moment, we could see Gold break above 1305, especially with a lot of high...

ftonialfred

USDCAD has been ranging for some time now with no clear direction. Price has found strong resistance area at 1.303 area, attempting multiple times to break and failed. 4H seems to be supporting that nice trend line going up making HL. With a lot of high impacting USD news next week and FOMC interest rate Decision, I think price will give a clear direction to where...