Based on my view in the weekly timeframes, the Downtrend still continues, many are posting is now time to buy which is not right based on the charts. Let me know whatever you feel about the market.
The market will continue is uptrend to level 1.24810 and reverse back to level 1.20173
All I can see about the market is a strong bearish reversal around @1880 to 1820-1810 levels
The market needs to retest the Demand levels and go back to our freshly supply area and reverse back.
The market is above the Liquidity area and will test the upper supply zone for reversal which may take out the Liquidity zone
A break out of the upper trend line gives good position to go long, a target of@13657 is possible. Let wait for a retest at the upper trend line.
The market keep respecting the 1hr support trendline, it breaks through the upper Resistance trendline with a good momentum candle stick. the market will be testing the next Resistance level @1.0920.
USDCAD will go short testing the 4HR support level @2660
Break out of the upper trend lines and touching the 1hr Fib Resistance level gives good hope of the market reaching 4225-4230. A good long position after the market retest the upper trend line.
Xauusd as being moving in the trendlines range, Break out from the upper trend lines and Resistance will take the market to 1880-1885